Live Insurance News

Massachusetts insurance enrollment remains strong as unemployment spikes

August 3, 2020July 31, 2020 G. Turner

Massachusetts insurance enrollment - American Flag, money and stethoscope

The state has the country’s worst unemployment rate, but residents are keeping up their coverage. Massachusetts insurance enrollment has remained strong despite the state’s unemployment rate, which is currently the worst in the United States. New data has revealed that despite losing their jobs, consumers have kept their health plans. The Center for Health Information and Analysis (CHIA) revealed new data last week which showed that overall Massachusetts insurance enrollment stayed essentially stable through May. At that time, there were more than 6.4 million residents of the state covered by…

Health insurance rates to go up in Massachusetts

September 2, 2015September 1, 2015 Marc

Consumers and businesses will see a modest increase in insurance premiums Health insurance premiums are set to grow in Massachusetts, as regulators have approved rate increases for small groups and individuals. The state will see a modest increase in rates when compared to others in the country. The Massachusetts Division of Insurance has posted information concerning the rate increases, providing consumers with an opportunity to review the rate increases coming from insurers and see how it will affect them and the coverage that they have. 300,000 people to be affected…

Health insurance rates to rise 6% for 300K Massachusetts consumers

August 31, 2015August 30, 2015 G. Turner

Insurers across the state will be increasing premiums for small businesses and individuals, next year. Health insurance rates in Massachusetts are about to rise by over 6 percent for individuals and small businesses, alike in 2016, which is making many people wonder if the cost of coverage may be heading into an upward trend. This rate increase has already received the approval of the Division of Insurance in the state. Now that it is moving ahead, it will mean that there will be a rise in health insurance rates that…

Massachusetts insurance refunds will total $15 million

July 31, 2014July 31, 2014 H. Cutner

Consumers in the state will be issued the rebates in some form by August 1 by their insurers. According to the latest data from the U.S. Department of Health and Human Services, Massachusetts insurance customers who purchased or renewed their health plans in 2013 were able to save $4.1 billion on their premiums, that year. This year, the health care reform will bring over $15 million in refunds to those same consumers. The Massachusetts insurance rebates will be the second largest among all of the states in the country. The…

Massachusetts wins a major victory in health insurance

June 13, 2014June 10, 2014 S.Vagus

Uninsured rate may fall below 1% in Massachusetts The number of uninsured people in Massachusetts may soon be below 1%, according to information from the state’s Center for Health Information and Analysis. The organization has been tracking the number of people that have signed up for insurance coverage from December 2013 to March of 2014, finding that the number of people with insurance coverage increased by more than 215,000 statewide. If this momentum is maintained, the state may soon have the lowest uninsured rate in the country. State initiatives help…

Health care reform in Massachusetts brings uninsured rate to nearly zero

June 12, 2014June 12, 2014 G. Turner

The latest statistics from the state have revealed that nearly all of its residents now have insurance. Among the latest insurance news headlines to come from Massachusetts is the recent publication of statistics that have shown that following the health care reform, the number of residents in the state who are uninsured has dropped to nearly zero. This is the closest that a state has ever come to making sure that all of its residents have health insurance. Massachusetts already had a bit of a head start when it came…

Massachusetts health insurance backlog progress is being made

February 25, 2014February 22, 2014 H. Cutner

Officials in the state have said that there tremendously backed up application processing is making headway. Massachusetts health insurance officials have now reported that progress is being made in overcoming the huge backlog that the application processing has been facing in the state since the latest phase of the Affordable Care Act went into effect. The backlog is the most immediate struggle that the state has been facing with the health care reform. Legislators have been going over all of the various issues that the Massachusetts Health Connector site users…