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
Carmen Balber
Consumer Watchdog executive director Carmen Balber has been with the organization for nearly two decades. She spent four years directing the group’s Washington, D.C. office where she advocated for key health insurance market reforms that were ultimately enacted into law as part of the Affordable Care Act.
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