Monday, July 2, 2007

Healthcare law's turn at bat

A bold attempt at a solution - universal access is supposed to keep costs down. I'm hoping to hear down the road that it's proven to be a real success for the great State of Massachusetts.

JUST ABOUT everyone in Massachusetts is supposed to have health insurance coverage starting today under the state's new healthcare law. But this is a relaxed deadline, with penalties not kicking in until after the first of 2008. Today really marks the intensification of a process of education, for both consumers and health plans, on buying insurance and keeping it affordable.

The Legislature established the Connector to implement the law passed last year to expand health insurance coverage to almost everyone in the state. As of June 1, it had enrolled 79,000 people in its subsidized plans, but now the hard part begins. It has to sign up those earning more than 300 percent of the poverty line, or $30,630 for a single person, who must pay full price.

The unsubsidized premiums range from $175 to $600 a month depending on coverage, location, and age. The Connector has the power to exempt people from the mandate if the premiums are unaffordable, but too many exemptions would defeat the law's chief purpose: near-universal coverage.
source: Boston Globe

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