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
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    What Are the Benefits of CBD?
    November 27, 2021
    How to Measure Adult Diapers- The Ultimate Guide to Picking the Right Size
    March 8, 2022
    medicine cabinet
    The Effect Of Finished Dosage Form Manufacturing In New Drugs
    July 5, 2022
    Latest News
    Emotional Peace: The Psychological Benefits Of Funeral Preplanning
    October 2, 2023
    Health Benefits of Taking a Vacation to Reduce Your Stress
    October 2, 2023
    First Aid Training Enhancing Workplace Health and Safety
    September 25, 2023
    Beyond the Clinic: Medical Surveys Are a Roadmap to Passive Income for Doctors
    September 23, 2023
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Oxycontin and Heroin Addiction: Business Opportunities in the Push to Address the Problem
    January 13, 2012
    Restrict Flexible Spending Accounts
    August 25, 2017
    Californians’ Attitudes and Experiences with Death and Dying
    February 16, 2012
    Latest News
    Job Seekers with Disabilities Should at Health Insurance Benefits
    September 12, 2023
    Reasons That Drug Prices Are Rising to Unsustainable Levels
    September 12, 2023
    How Revenue Lifecycle Management Helps Healthcare Providers to Optimize Business Operations
    September 6, 2023
    The Hidden Benefits of Practice Exams for Medical Professionals
    September 6, 2023
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Massachusetts: Land of Affordable Health Insurance
Share
Sign In
Notification Show More
Aa
Health Works CollectiveHealth Works Collective
Aa
Search
Have an existing account? Sign In
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Massachusetts: Land of Affordable Health Insurance
Policy & Law

Massachusetts: Land of Affordable Health Insurance

DavidEWilliams
Last updated: 2011/11/18 at 9:54 AM
DavidEWilliams
Share
3 Min Read
SHARE

The Commonwealth Fund just released a sobering analysis (State Trends in Premiums and Deductibles, 2003–2010: The Need for Action to Address Rising Costs) revealing that total premiums for family coverage increased 50 percent over the past seven years, with big increases in every state. It probably won’t surprise you that insurance costs in Massachusetts are among the highest in the nation.

The Commonwealth Fund just released a sobering analysis (State Trends in Premiums and Deductibles, 2003–2010: The Need for Action to Address Rising Costs) revealing that total premiums for family coverage increased 50 percent over the past seven years, with big increases in every state. It probably won’t surprise you that insurance costs in Massachusetts are among the highest in the nation. If you are an opponent of the Patient Protection and Affordable Care Act (PPACA) you’ll probably also be eager to point to Massachusetts as the evil place where it all started and the harbinger of doom for the rest of the country as PPACA is implemented.

Health insurance costs have always been high in Massachusetts, and while so-called RomneyCare hasn’t fixed the problem, it also hasn’t made Massachusetts worse relative to other states. Meanwhile the cost of health insurance shouldn’t be looked at in a vacuum. Massachusetts is also expensive on other dimensions such as housing and education.

Luckily, thanks largely to the state’s investment in education and infrastructure, and its open minded populace, Massachusetts is also a place with a modern, knowledge based economy that offers high wages. The Commonwealth Fund’s analysis reveals that health insurance in Massachusetts is significantly more affordable relative to income than it is in other states. Not only that, but the situation is improving over time relative to the rest of the country.

More Read

trust ligitation end of life

Understanding Trust Litigation When Dealing with Health Issues

The Journey to Healing: Navigating the Aftermath of Wrongful Death Claims 
Navigating Immigrant Police Encounters When Getting Healthcare
How Personal Injury Law Supports Your Wellbeing
7 Tips for Improving Reproducibility and Efficiency in the Lab

In 2003, the average health insurance premium as a percent of median household income for the under-65 population nationwide was 14.9%. In Massachusetts it was 12.6% –or 2.3 percentage points better.

By 2010 the national average had jumped to 20.3% of income. In Massachusetts it moved up, too, but only to 15.9% –now 4.4 percentage points better than average. Only Connecticut (15.5% ) and New Jersey (15.4%) are more affordable. By way of comparison, health insurance in Texas consumes 24.5% of median income, which goes a long way toward explaining why so many people are unemployed there.

Don’t get me wrong, Massachusetts has a big health insurance cost problem and it needs to be tackled. But thanks to health care reform and a high-wage economy we have a better chance than most to deal with it.

 


TAGGED: Massachusetts, PPACA

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
DavidEWilliams November 18, 2011
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article ACO Update: A Third Horse Enters the Race
Next Article Vaccines in the Pipeline and Vaccine Economics

Stay Connected

1.5k Followers Like
4.5k Followers Follow
2.8k Followers Pin
136k Subscribers Subscribe

Latest News

drug-free lifestyle
Healthy Routines Post-Rehab: Building A Drug-Free Lifestyle
Addiction Addiction Recovery October 2, 2023
emotional peace regarding funeral
Emotional Peace: The Psychological Benefits Of Funeral Preplanning
Wellness October 2, 2023
Andropause hormonal decline
The Benefits of TRT for Andropause and Hormonal Decline
Wellness September 28, 2023
cancer-prevention
The Importance of Lipoma Examination in Cancer Prevention
Cancer September 28, 2023

You Might also Like

health insurance disability
Policy & Law

Job Seekers with Disabilities Should at Health Insurance Benefits

September 12, 2023
rising drug costs
Pharmaceuticals

Reasons That Drug Prices Are Rising to Unsustainable Levels

September 8, 2023
healthcare providers
Hospital Administration

How Revenue Lifecycle Management Helps Healthcare Providers to Optimize Business Operations

September 6, 2023
Medical Professionals exams
Medicare

The Hidden Benefits of Practice Exams for Medical Professionals

September 6, 2023
Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Follow US
© 2008-2023 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Lost your password?