Health insurers plan 10% rise in rates - The Boston Globe: "The state’s major health insurers plan to raise premiums by about 10 percent next year, prompting many employers to reduce benefits and shift additional costs to workers."
Increases will range from 7 to 12 percent, capping a decade of consecutive double-digit premium increases, according to a Globe survey of the state’s top health insurers. Actual rates for 2010 will depend on the size of the employer and the type of coverage, with small businesses and individuals expected to be hit hardest. Overall, premiums are more than twice as high as they were 10 years ago.
This is the STATE RUN SINGLE PAYER SYSTEM In Mass!
Welcome to a single payer system, where there is NO Competition.
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