Health insurance rates will experience a slight increase in Massachusetts

Health Insurance rate increases

Though it will be a minor rise, it will still be greater than the quarter before. Individuals and small businesses who will have their health insurance policies renewed on October 1, 2012 should expect to see a base rate increase on their premiums of an average of 2.1 percent on Massachusetts policies. This is a much lower increase than the 5.5 percent the state added to its base rate in 2011. According to the data at the state Division of Insurance, though Massachusetts has been very effective in keeping its…

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