By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Massachusetts Gets Ready to Tame HealthCare Costs
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > Massachusetts Gets Ready to Tame HealthCare Costs
BusinessFinanceHealth Reform

Massachusetts Gets Ready to Tame HealthCare Costs

DavidEWilliams
DavidEWilliams
Share
3 Min Read
SHARE

While much of the country braces for full implementation of the Affordable Care Act next year — wondering whether premiums will jump dramatically, providers will be overwhelmed, and insurance exchanges will be ready and working– Massachusetts is well beyond that, moving now into the realm of cost containment and quality improvement.

While much of the country braces for full implementation of the Affordable Care Act next year — wondering whether premiums will jump dramatically, providers will be overwhelmed, and insurance exchanges will be ready and working– Massachusetts is well beyond that, moving now into the realm of cost containment and quality improvement.

As Kaiser Health News reports, only 2 percent of Massachusetts residents lack coverage compared with 16 percent nationally. Costs per person are the highest in the country, just as they were before Massachusetts implemented universal coverage in 2006.

There’s plenty of reason to be optimistic on costs, however:

More Read

PPACA Waivers: New Nonsense From John Sununu
Under Armour Leaps into Digital Health with MapMyFitness Acquisition
Biz Stone, Co-Founder of Twitter is Keynote for #HIMSS12
Finding Information in Healthcare Exchanges
Three Prongs of a Successful Digital Physician Marketing Strategy
  • Health plans are offering innovative payment models that reward quality and cost containment. As a result premiums for commercial coverage have flattened. My business actually experienced a slight decrease in premiums from Blue Cross this year for the first time ever (after more than 10 years in business)
  • Providers are focused on cost restraint. Academic providers like Partners and Beth Israel have become more cost conscious while new community-based providers such as Steward Health Care are arising to fill the need for affordable, quality care
  • State government is playing a reasonably constructive role by encouraging pricing transparency and targeting a cap for the industry’s growth rate without making it too dramatic or ironclad
  • Quality and cost data are being supplied by organizations such as Massachusetts Health Quality Partners and Castlight Health through distribution partners including Harvard Pilgrim and Consumer Reports

On the one hand, the Massachusetts example should be encouraging to other states that are about to experience Massachusetts-like rules on universal coverage, minimum medical loss ratios, and disallowance of medical underwriting. It shows that it’s possible to achieve these standards and then start to take on costs.

But Massachusetts had already made strides toward health care reform before 2006 and had a relatively low rate of uninsured. The state’s knowledge based economy is also better able than others’ to afford the costs of health care reform. Employers can much more easily afford to pay for health insurance for high skill, high wage workers than for those with low skills and low wages. Massachusetts has a long-standing culture and tax base that supports education, which is a key driver of a high-wage economy.

 

TAGGED:healthcare costs
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

The Clinical and Interpersonal Skills That Define Excellence in Patient-Centered Care
Health
June 2, 2026
The Advanced Nursing Credentials That Open Doors to Leadership Roles
The Advanced Nursing Credentials That Open Doors to Leadership Roles
Nursing
June 2, 2026
The Advanced Practice Nursing Roles Worth Knowing About Before You Specialize
The Advanced Practice Nursing Roles Worth Knowing About Before You Specialize
Nursing
June 2, 2026
Language Access in Healthcare: What Hospitals Still Get Wrong in 2026
Hospital Administration Technology
May 29, 2026

You Might also Like

BusinessFinanceHealth ReformHospital AdministrationPolicy & LawPublic Health

Saving Relationship Medicine with Direct Primary Care

July 8, 2015

Waste in the American Health Care System?

September 7, 2012
BusinessTechnology

5 Ways to Use Texting in Healthcare Marketing and Engagement

July 10, 2018

Up Next for Care-Hacking Startups: Transforming Data into Action

February 24, 2014
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?