Massachusetts: NFIB Testifies Earlier than Well being Coverage Fee and Joint Committee on Well being Care Financing

Massachusetts: NFIB Testifies Earlier than Well being Coverage Fee and Joint Committee on Well being Care Financing

Health Care Financing

NFIB State Director Christopher Carlozzi testified earlier than the Well being Coverage Fee and Joint Committee on Well being Care Financing

On Wednesday, March fifteenth NFIB State Director Christopher Carlozzi testified earlier than the Well being Coverage Fee and Joint Committee on Well being Care Financing on the annual price pattern listening to. What occurs right here will set the proposed price of development for well being spending in Massachusetts. 

Massachusetts: NFIB Testifies Earlier than Well being Coverage Fee and Joint Committee on Well being Care Financing

 

In his feedback, Carlozzi really helpful setting an aggressive benchmark decrease than the proposed 3.6% development goal, as a result of small enterprise premiums historically far exceed the benchmark. This yr, NFIB surveyed Massachusetts members asking whether or not their well being premiums elevated, decreased, or remained the identical and response was just like previous years. Members reported, on-average, premium will increase of 11.8%. 

 

Small enterprise medical insurance prices proceed to rise, at the same time as employers are compelled into excessive deductible plans and shift extra of the expense to staff. In a time when employers are desperately looking for staff, they require the power to supply reasonably priced, high quality well being advantages for his or her staff. NFIB will proceed to work on reducing well being prices for small companies, who unfairly face double-digit annual premium will increase.

You may hearken to State Director Christopher Carlozzi on Bloomberg Radio right here.