The AP
(5/19, Leblanc) reports, "A bill aimed at curbing soaring health
care costs for small businesses and individuals was up for
debate Tuesday in the [Massachusetts] state Senate. Senate
President Therese Murray said the bill will ease instability in
the insurance market, smooth out annual fluctuations in premiums
and require insurers to offer affordable small business plans."
The proposal "would also require wealthier hospitals to make a
one-time $100 million contribution to help slow the rising cost
of insurance premiums while pressing insurers to increase the
amount they spend on care relative to administrative costs."
Columnist Says Insurers Are "Convenient Villains" For Rising
Healthcare Costs.
Columnist Steven Syre writes in the
Boston Globe (5/19), "Big Massachusetts health insurers
have been howling for months about their run-in with state
regulators and the fallout from limiting premium rates. So what
is the actual financial impact of the decision by the state
Division of Insurance to reject premium increases for
individuals and small businesses, leaving 2009 rates in place
for now?" Syre says that data provided by insurers to justify
premium increases may "paint a confusing picture, but" it is
clear that Massachusetts' "big health insurers were in the red a
year ago, and they're still losing money now." He adds,
"Insurers are convenient villains in the story about soaring
healthcare costs and state regulators certainly put the
responsibility for most small business and individual rate
increases on them without doing anything about the actual
expense of healthcare."
Learn how easy and convenient shopping for health insurance can be. Get your
free health insurance online quotes today!