Mass. Governor Announces Plan to Help Small Business in State’s Turbulent Universal Coverage Environment

[This article posted on October 20, 2009. It is posted within the following categories: Corporate, via Michael Douglas, MD, MBA.]

One thing that Massachusetts has learned from its experience as a guarantor of healthcare coverage for all of its citizens is that the noblest of intentions does not come cheaply. Recently, it was announced that the state’s premiums for private insurance not only increased but also at the highest rates in the nation for family coverage. State budgets are straining, as a result. On the heels of such findings as this, Mass. Gov. Patrick (a Democrat) today announces the utilization of state government regulators to oversee rates imposed on another coverage sector — the small business.

Good news for small businesses which have sought some sort of leverage in negotiating rates for coverage for employees. The increased power the governor will impose for the state’s Division of Insurance in this role will no doubt be opposed by Insurance, but it offers another reason for Obama to monitor closely the guaranteed access healthcare microcosm that is Massachusetts. | LINK

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