Monday, February 18, 2008
Health plan rates may rise by 14%
To hold down state costs, officials are considering raising premiums as much as 14 percent and doubling some copayments for the subsidized insurance program that is at the heart of healthcare reform.
State officials said they want to ensure that the program, called Commonwealth Care, does not collapse under the weight of soaring costs or under a potential influx of residents whose employers drop coverage because the program offers a better deal for their workers.
"If we're not only trying to insure the uninsured, but insure the previously insured, that's going to blow the doors off," said Leslie Kirwan, the state's top budget officer and chairwoman of the Commonwealth Health Insurance Connector Authority board that oversees Commonwealth Care....