Massachusetts health insurance premiums rising fastPosted: November 17, 2009
In the state that serves as a model for Obamacare, officials are frustrated by a 9 to 15 percent increase in health insurance premiums:
State officials are so frustrated by the rising cost of health insurance they are getting ready to flex some legislative muscle and intervene on behalf of strapped consumers.
Barbara Anthony, the state’s undersecretary for consumer affairs and business regulation, said a recent review of health insurance premiums in Massachusetts shows a 9 percent to 15 percent increase from spring 2008 to spring 2009.
“That kind of increase, in the middle of these economic times, when we are trying to stimulate the economy and keep people employed, is not satisfactory to the governor,” Anthony said.