It’s official – the mandatory health insurance plan for Massachusetts will go into effect on July 1st. Under these new healthcare reforms, MA residents will be required to have health insurance by December 2007, or will face penalties. A list of comprehensive plans, some subsidized, will be available from the Commonwealth Health Insurance Connector Authority for the general public. This plan, while vastly increasing access to healthcare in MA (through a number of other non-profit insurance agencies) , will inevitably “force major shifts in basic household budgets for many who have gone without insurance in the past and will struggle to pay monthly premiums.” Employers worry that their employees will demand pay raises to make ends meet if they will have to pay health insurance costs of at least $250 per month. Will the plan work or will the state struggle to keep it in place? I guess we’ll just have to wait and see.
See more in the Sunday Telegram.
A list of new health plans is available at MAhealthconnector.com.