The Boston Globe reported this week that the cost of Massachusetts’ mandatory health insurance[Related: State Insurance Commissione…][Related: Hold Health Insurance Indus…][Related: How Health Insurance Rate R…][Related: State Insurance Commissione…][Related: Hold Health Insurance Indus…][Related: How Health Insurance Rate R…] plan would be almost twice what proponents predicted, reaching $1.35 Billion by 2011. Policymakers are starting to sound more and more frantic as they realize that costs will keep rising unless they take drastic action. The problem won’t be answered just by grasping for more funds. Massachusetts needs to rein in the overhead and waste of the medical-insurance complex. State Senator Murray’s suggestion a few months ago that Massachusetts start hearings into rate hikes was a good start. But the state needs the power to reduce those costs, not just expose them, because there’s plenty of proof that insurance companies will never be shamed into lowering costs.
Massachusetts insurance mandate costs skyrocketing
Consumer Watchdog
Providing an effective voice for American consumers in an era when special interests dominate public discourse, government and politics. Non-partisan.
All Articles →
Lara Forced To Redo Anti-Consumer Intervenor Proposal
Trio of Home Insurance Reform Bills to Require Fair and Timely Payouts and Improve Access to Coverage Clear CA Senate Floor
Three Bills Holding Insurance Companies to their Promises Pass Final Senate Committee, Head to Floor
Wildfire Survivors, Consumer Groups, Insurers, Public Entities Oppose Limits on Survivors’ Rights At Hearings In CA Capitol On CEA SB 254 Report
California Has the Power to Respond to the Insurance Crisis
