Republican governors are balking at adopting key provisions ofPresident Barack Obama's health-care overhaul, a week after MittRomney's defeat dashed their hopes of scuttling the two-year-oldlaw.

The state leaders, at a meeting of the Republican GovernorsAssociation in Las Vegas, said they're concerned over costs andregulatory burdens the Patient Protection and Affordable Care Actmay impose. Republicans unsuccessfully challenged the law in courtand many delayed implementing it, hoping Romney — who called forthe law's repeal — would win the Nov. 6 presidential election.

“It's a bad piece of legislation,” Louisiana Governor BobbyJindal said at a news conference in Las Vegas yesterday. “It'sgoing to have a lot of unintended consequences.”

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.