Massachusetts Commonwealth Care program brings more benefits to consumers

Health Insurance plans

Health insurance program gets a thumbs up Massachusetts health insurance exchange seems to be faring well, despite concerns that an exchange is not a viable solution to the current problems within the insurance industry. The exchange, called the Massachusetts Commonwealth Care program, has been operating since 2006, when it was established by legislation that is today being referred to as Romneycare, after Mitt Romney, who presided as governor of Massachusetts. The program was subjected to early criticism but has recently been showing strong results despite economic turmoil and a changing…

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New York to build health insurance exchange after executive order is issued

New York Governor Andrew Cuomo Insurance News

New York health insurance system gets the go ahead With the current fate of the federal Affordable Care Act unknown, many states have slowed down in making progress on complying with the law’s various provisions. One provision in particular concerns the establishment of health insurance exchanges in each state. These exchanges are meant to help lower the cost of health insurance coverage by increasing competition amongst insurers. The initiative has been somewhat popular amongst consumers and some insurance companies, but state lawmakers have been divided on the issue since the…

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