Gov Christie Vetoes Obamacare Exchange
Governor Chris Christie today vetoed legislation that would have begun to establish a State-based health care exchange in New Jersey in line with the federal Affordable Care Act. Though December 14, 2012 is the deadline for states to decide whether to establish a State-based Exchange, Christie feels the federal government has failed to provide critical information and to answer basic questions about the operation and implementation of each of the options provided, making any decision made now hasty, incomplete, and perhaps fiscally detrimental to the taxpayers of New Jersey.
“We will comply with the Affordable Care Act, but only in the most efficient and cost effective way for New Jersey taxpayers,” says Christie. “Such an important decision as how to best move forward for New Jerseyans can only be understood and reasonably made when fairly and fully compared to the overall value of the other options. Until the federal government gives us all the necessary information, any other action than this would be fiscally irresponsible.”
Christie has consistently said that once legal issues surrounding the Affordable Care Act were settled, New Jersey would comply with the federal mandate, but only in the most responsible way among the available alternatives.
The Governor explains, “Thus far, we lack such critical information from the federal government. I will not ask New Jerseyans to commit today to a State-based Exchange when the federal government cannot tell us what it will cost, how that cost compares to other options, and how much control they will give the states over this option that comes at the cost of our state’s taxpayers.”