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Healthcare Financial News - Massachusetts Considers Rates for Uninsured

Healthcare Financial News


Monday, August 21, 2006
Massachusetts Considers Rates for Uninsured

A state panel in Massachusetts has set proposed rates for the state’s landmark health insurance law that passed in April. According to The Boston Globe, lower-income single adults would pay between 1% and 4.5% of their income, depending on how much they earn annually, and lower-income couples would pay between 1.5% and 6.6% of their income. Children will receive coverage through Medicaid. The law mandates that all Massachusetts residents have health insurance by next summer. Other states are watching Massachusetts closely as they try to find solutions for their uninsured populations. State regulators will vote on the proposed rates later this month.

posted on 8/21/2006 9:06:54 AM (CST)  Permalink