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Mass. Health Insurance Base Rate Up 1.2% on Average for Third Quarter
Mass. Health Insurance Base Rate Up 1.2% on Average for Third Quarter
Bending the cost curve. The average increase of base insurance rates in Massachusetts has fallen from over 8% in 2010 to under 2% in 2012. M.I.T. economics professor Jonathan Gruber estimates the benefits from sustained lowered health care costs to Massachusetts businesses and employees will be between $8 and $34.5 billion over the next decade. As of the end of 2010, 98.1 percent of the state’s residents were insured compared to 87.5 percent in 2006 when the Mass. health care reform law was enacted. 99.8% of children in the state were insured as of 2010 (See Myth vs. Fact: Health Care Reform in Massachusetts http://bit.ly/Ir1NXo).
Bending the cost curve. The average increase of base insurance rates in Massachusetts has fallen from over 8% in 2010 to under 2% in 2012. M.I.T. economics professor Jonathan Gruber estimates the benefits from sustained lowered health care costs to Massachusetts businesses and employees will be between $8 and $34.5 billion over the next decade. As of the end of 2010, 98.1 percent of the state’s residents were insured compared to 87.5 percent in 2006 when the Mass. health care reform law was enacted. 99.8% of children in the state were insured as of 2010 (See Myth vs. Fact: Health Care Reform in Massachusetts http://bit.ly/Ir1NXo).
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