Universal Health Care in Massachusetts: The Flip Side
Friday Aug 22, 2008Universal Health Care in Massachusetts: The Flip Side in Individual Health Insurance
Yesterday,
we posted
on the successes of the universal health insurance mandate in Massachusetts: the
number of uninsured residents way down and the number of emergency room visits
are down.
But like just about everything else in the world, there’s a downside to every upside.
For Massachusetts’individual health insurance law, the major downside is government spending.
According to a report from Moody’s Investors Service, Massachusetts is set to spend $869 million for the 2008 fiscal year.
That’s a 41 percent increase in costs from fiscal year 2007, reported Reuters.
“Costs related to [Massachusetts’] 2007 health care reforms are increasing far more rapidly than initially projected,” said a Moody’s representative.
So it seems like these high costs should be factored in when measuring the success of the state’s universal health care.



Posted by Emily on August 25, 2008 at 04:49 AM CDT #
Posted by Jeff on August 25, 2008 at 10:33 AM CDT #
Thank you.
Posted by ninin on August 26, 2008 at 02:17 AM CDT #
Posted by matt on August 26, 2008 at 05:17 AM CDT #
As it sits right now, people like Michael Moore are seen as the advocates for the consumer and all they do is demonize the insurance industry.
Posted by Affordable Medical Insurance on August 28, 2008 at 03:45 PM CDT #