MONTPELIER, Vt. (WCAX) - Governor Phil Scott signs legislation to help health insurers in crisis.

The new law gives Vermont’s health care regulators the power to reduce the amount health insurers have to reimburse hospitals if the insurer is at imminent risk of insolvency. It comes as the state’s largest commercial health insurer, Blue Cross Blue Shield, says that as claims are going up, they’re on the brink of bankruptcy.

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