News
As an industry leader, HSA continues to keep Brokers, Employers and Individuals informed about legislative changes to healthcare, important updates as well as new plans and products available. With tens of thousands of subscribers, HSA continues to keep a watchful eye on the Small Group Employee Benefits Market.
10/9/2012
Massachusetts Sets Global Cap on Health Care Costs
In an attempt to impose top-down containment on Massachusetts’s soaring health care costs, Democratic Governor Deval Patrick signed a law which creates a statewide global cap on public and private health care costs. The law expands the state’s bureaucracy and specifies a target growth rate for overall medical spending based on the growth rate of the state’s economy.
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9/11/2012
More than one-third of Massachusetts hospitals lost money last year, according to state report
Massachusetts hospitals are facing growing financial strains, with more than a third of them losing money last year, according to a new state report.
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9/10/2012
Medical debt in Massachusetts persists
Architects of the pioneering 2006 Massachusetts health law, which required most residents to have insurance, expected it would reduce families’ medical debt. But the most recent data suggest the scope of medical debt has remained largely unchanged.
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8/16/2012
Top Mass. health insurers see earnings plunge
BOSTON (AP) -- The top health insurers in Massachusetts have posted sharply lower earnings for the second quarter compared with the year-ago period because of pressure from small business customers and the state to hold down premium increases
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8/13/2012
Insurance costs rise modestly
Small businesses and individuals whose annual health insurance policies renew on Oct. 1 will see average premium base rate hikes of 2.1 percent in Massachusetts, increases that are more modest than the 5.5 percent average boost in base rates they absorbed a year ago.
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