Daily News Updates - Health Insurance News

Latest Mass. Report, Pt. 1 – Mid- to Large Employer.

Another status report is in concerning the Massachusetts model health insurance/care program. This is the fourth annual issue and identifies the medium to large companies (having, at least, 50 employees) who are subscribing to the state’s health insurance system of subsidized support. The news, which was released by the Executive Office of Health and Human Services, is heralded by an article from Mr. Malden and posted on the wickedlocal.com web site. This report was presented to the Legislature and provides information concerning how the state’s employees are using the various aspects of this comprehensive program. Such entities as the Commonwealth Care, MassHealth and the Uncompensated Care Pool are included. The period reflected here is the 2007 Fiscal year. This health insurance/care ‘test model’ will be closely scrutinized in order to study trends on some of the ‘untested waters’.

Already, since the implementation of this new health insurance/care reform style, several trends have been identified and reveal areas of strengths and areas of weaknesses. In this latest news, the findings by the Division of Health Care Finance and Policy, who conducted the analysis discovered that about $372 million were expended for this group of employees. These health care services were paid from public funds to cover employees of over 1,450 companies. Again, these were mid- to large size employers within the state. The medical services were administered by way of three different health insurance/care divisions within the program. As mentioned above, those agencies were the Commonwealth Care, MassHealth and the Uncompensated Care Pool.

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