- Associated Press - Thursday, September 8, 2016

BURLINGTON, Vt. (AP) - Lt. Gov. Phil Scott says he wants to abandon the Vermont Health Connect insurance exchange.

Scott, a Republican running for governor, made the announcement Wednesday in Burlington. He says his health care proposals would play a part in making the state more affordable.

Scott has been calling on the state to abandon its exchange for several years and says the state should either join in the federal exchange or form a multi-state exchange. He says an alternative would give residents a more affordable insurance option.

A study commissioned by the Legislature to examine alternatives to the exchange is pending.

The Shumlin administration has said scrapping the exchange would cost the state $24 million in up-front costs and more than $5 million a year in ongoing costs.

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