Health Insurance

Articles about Health Insurance that may be useful to Massachusetts retirees

GIC TO SAVE $1.29 BILLION OVER 5 YEARS

Cost Containment RFP Seeks To Reshape Health Plans

OCTOBER 11, 2012: Phase 2 of Health Care Reform is now well underway in Massachusetts, with the state’s Group Insurance Commission (GIC) delivering the opening salvo in the battle over healthcare cost containment.

How Insurers Can Help

How Insurers Can Help

New York Times Editorial

October 1, 2012: Private insurance companies should be leading the way in the struggle to control health care costs. They know about every contact a patient has with the health care system and can see how much is wasteful or redundant. By altering the way they pay doctors and hospitals, they can potentially push providers to reduce costs, improve quality and even transform the whole culture of American medicine.

Health bill signed amid hopes for $200b in savings

Bill builds on law passed when GOP candidate Mitt Romney was governor

Boston Globe
August 7, 2012
By Michael Levenson

Six years after Governor Mitt Romney required every resident to obtain health insurance, Governor Deval Patrick signed a law that many consider the second phase of that groundbreaking experiment: trying to rein in the state’s health costs, which are among the highest in the nation.

LEGISLATURE PASSES HEALTHCARE PAYMENT REFORM BILL

Will Impact GIC & Municipal Insurance Plans

AUGUST 3, 2012: As the formal 2011-2012 Legislative Session drew to a close on Tuesday, House and Senate negotiators completed work on a long anticipated bill aimed at curbing the rise in health care costs over the next 15-years. The bill, which now awaits the approval of Governor Deval Patrick, is estimated to save Massachusetts citizens some $200 billion over fifteen years.

FORMAL LEGISLATIVE SESSION WINDS DOWN

Major Issues To Be Addressed

JULY 30, 2012: As formal activity in the 2011-2012 Legislative Session draws to a close this week, a flurry of activity on Beacon Hill will occur to resolve several major issues. Paramount among the remaining bills is a House/Senate Conference Committee report on Healthcare Payment Reform.

HEALTHCARE COMMISSION MEETS

Proposals Begin To Take Shape

JULY 18, 2012: The Special Commission on Retiree Healthcare met for more than two hours Wednesday morning in an effort to develop a list of potential reform measures to place before an actuary for cost analysis.

RETIREE HEALTHCARE COMMISSION TO MEET

Reform Proposals Taking Shape

JULY 16, 2012: The Special Commission on Retiree Healthcare will enter the next phase of its deliberations this Wednesday, July 18th, when it convenes its third meeting in as many months.

Comprised of 11 members, the Commission’s purpose is to study and investigate both the long-term and ongoing cost of public retiree healthcare. The Commission is then to file a report with the Legislature by November 30, detailing its findings and making recommendations for further reforms.

Blue Cross plan shows reduction in spending

By Liz Kowalczyk
Globe Staff  

July 11, 2012

The largest private-sector effort to tame medical spending in Massachusetts appears to be getting results, as doctors who agreed to work on a budget have cut costs by using less-expensive imaging and lab companies and expanding office hours to reduce emergency room use.

State officials say new law has saved more than $175m in health insurance premiums for municipalities, school districts

July 11, 2012

By Martin Finucane, Globe Staff

Massachusetts officials said today that a new law designed to help municipalities and school districts reduce their health insurance costs has saved more than $175 million in premium costs for 127 municipalities and districts.

GOVERNOR APPROVES RETIREE BUDGET AMENDMENTS

3% State & Teacher COLA On $13k Base Included

JULY 9, 2012: On Sunday, Governor Patrick signed the $32.6 billion FY13 state budget into law. Contained within the budget is a new 3% State & Teacher COLA, a minimum survivor pension increase for disability retirees’ survivors and access to the Group Insurance Commission’s retiree dental plan for municipal retirees insured under the state plan.