Survey shows that state’s insurance exchange has managed to serve many people in the state The health insurance exchange in Massachusetts may have been a resounding success, according to a new survey from the Center for Health Information and Analysis. The state served as a model for the Affordable Care Act, at least when it comes to the formation of an insurance exchange. Massachusetts enacted extensive health care reform in 2006, which lead to the creation of the Massachusetts Health Connector, which was the state’s first iteration of its insurance…
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Massachusetts wins a major victory in health insurance
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…
Read MoreMassachusetts health insurance exchange may be too broken to fix
State insurance exchange may need to be rebuilt entirely Some health insurance exchanges in the U.S. may be too broken to fix. This is the case in Massachusetts, where state officials are suggesting that the exchange needs to be dismantled and rebuilt from the ground up. The state’s insurance exchange began serving residents in October 2013, but severe technical difficulties have prevented many people from using the exchange in any way. Now, the state is under pressure to fix the exchange, or cede control of it to the federal government.…
Read MoreMassachusetts reaches health insurance enrollment targets ahead of schedule
State manages to procure an extension for the open enrollment period for its exchange With the insurance deadline here, Massachusetts officials have announced that the state’s insurance exchange has managed to surpass the enrollment goals of the federal government. Traffic to the state’s insurance exchange was very modest on the last day of the open enrollment period. In other states, consumers flocked to exchanges in order to find coverage, but many found that they could not enroll in these exchanges due to unresolved technical difficulties. Massachusetts currently has the highest…
Read MoreMassachusetts Commonwealth Care program brings more benefits to consumers
Health insurance program gets a thumbs up Massachusetts health insurance exchange seems to be faring well, despite concerns that an exchange is not a viable solution to the current problems within the insurance industry. The exchange, called the Massachusetts Commonwealth Care program, has been operating since 2006, when it was established by legislation that is today being referred to as Romneycare, after Mitt Romney, who presided as governor of Massachusetts. The program was subjected to early criticism but has recently been showing strong results despite economic turmoil and a changing…
Read MoreMassachusetts insurance exchange awarded funds to help it fall in line with the Affordable Care Act
Massachusetts is currently one of the few states that has a working insurance exchange in place. The state’s online marketplace has been a boon for those looking for affordable health insurance policies but it does not comply with the standards established by the Affordable Care Act. Instead of requiring the state to scrap the project and start from scratch, the Centers for Medicare & Medicaid Services, and auxiliary arm of the Department of Health and Human Services, has awarded the state with funding to help legislators make necessary changes. He…
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