A health reform bill passed in 2006 and signed into law by Governor Mitt Romney to offer health insurance to almost all citizens of the Commonwealth of Massachusetts was the Massachusetts health care reform, generally referred to as Romneycare.
The legislation required that virtually every Massachusetts citizen receive a minimum amount of insurance coverage, offered free and subsidized health insurance for residents earning less than 150% and 300% respectively of the federal poverty level (FPL), and provided health insurance for mandated employers of more than ten full-time workers.
The law created an autonomous public body, the Commonwealth Health Insurance Connector Authority, also referred to as the Massachusetts Health Connector, among its many consequences. The Connector serves as an insurance broker to sell residents via its website, free, heavily discounted and full-price private insurance policies. It is one of the templates of the health insurance markets in the Affordable Care Act. The 2006 Massachusetts legislation successfully protected approximately two-thirds of the state’s then-uninsured residents, half through federal-government-paid-for Medicaid extension (administered by MassHealth) and a half through the Connector’s free, subsidized network-tiered health care insurance for those not qualified for expanded Medicaid. Relatively few Massachusetts residents used the Connector to purchase full-price insurance.
98% of residents of Massachusetts have health benefits since the adoption of the legislation. The initiative did not reduce overall expenditures on hospitals or emergency medical services for primary care problems, despite the expectations of lawmakers. The legislation was substantially changed to comply with the federal Affordable Care Act in 2008 and again in 2010 (ACA). Significant revisions relating to price controls for the health care sector were passed in August 2012. The employer mandate favoring the federal grant was repealed in 2013.
Insurance coverage has improved significantly since introducing health reform in Massachusetts. In tandem with the mandate and effective outreach and registration procedures, coverage extension is expected to decrease the number of uninsured working-age adults by half in the first year.
By building on the foundation of its current insurance system and requiring more government, citizens, and industry, Massachusetts has been successful in expanding coverage. The state made a series of interrelated decisions on availability, coverage, insurance oversight, and implementation of the current coverage provision as health reform was being introduced.
If you fall into a low-income group, you and your family may be eligible for Medicaid. It is certainly worth looking into this and filling out the right paperwork to qualify. Even if you are not eligible, you may be surprised to find out that your children will cover. The government makes great efforts to cover children.
The main thing is for you to realize how very important it is for you and your family to have health insurance and how it can be affordable to you at a reasonable cost.
Get the best group health insurance Massachusetts and stay protected and stress-free at the time of medical emergencies. Haven’t you insured yourself yet? Check Mark Feldman Insurance now that offers lower premiums on group health insurance, one of the best in Massachusetts.