State introduces plans to make changes to its troubled insurance program Massachusetts Governor Charlie Baker, along with other officials, has drafted new plans to overhaul the state’s Medicaid program, called MassHealth. This will be the largest overhaul that the program has seen in the past 20 years, marking a significant shift in the health insurance space and potentially ensuring that more consumers will have access to the coverage that they need. MassHealth currently provides coverage to some 1.8 million low-income people throughout the states and represents that majority of the…
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Massachusetts health insurance is popular but confusingly complex, study
Despite the fact that this exchange currently leads the country, many consumers still struggle with medical costs. The results of the annual Center for Health Information and Analysis survey have been released and show that Massachusetts health insurance, while still leading the nation in terms of the percentage of state residents who are insured, still faces certain considerable struggles. The state also leads in terms of health care costs rising faster than income growth and inflation rates. What the survey determined was that about one in every six residents of…
Read MoreHealth insurance rates to go up in Massachusetts
Consumers and businesses will see a modest increase in insurance premiums Health insurance premiums are set to grow in Massachusetts, as regulators have approved rate increases for small groups and individuals. The state will see a modest increase in rates when compared to others in the country. The Massachusetts Division of Insurance has posted information concerning the rate increases, providing consumers with an opportunity to review the rate increases coming from insurers and see how it will affect them and the coverage that they have. 300,000 people to be affected…
Read MoreHealth insurance rates to rise 6% for 300K Massachusetts consumers
Insurers across the state will be increasing premiums for small businesses and individuals, next year. Health insurance rates in Massachusetts are about to rise by over 6 percent for individuals and small businesses, alike in 2016, which is making many people wonder if the cost of coverage may be heading into an upward trend. This rate increase has already received the approval of the Division of Insurance in the state. Now that it is moving ahead, it will mean that there will be a rise in health insurance rates that…
Read MoreMassachusetts health insurance exchange finds success
Survey shows that state’s insurance exchange has managed to serve many people in the state The health insurance exchange in Massachusetts may have been a resounding success, according to a new survey from the Center for Health Information and Analysis. The state served as a model for the Affordable Care Act, at least when it comes to the formation of an insurance exchange. Massachusetts enacted extensive health care reform in 2006, which lead to the creation of the Massachusetts Health Connector, which was the state’s first iteration of its insurance…
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