STATE TO DELAY HIGHER HEALTH PREMIUM ANNOUNCEMENT
By Colin A. Young
STATE HOUSE NEWS SERVICE
STATE HOUSE, BOSTON, OCT. 10, 2017.....Tens of thousands of Massachusetts consumers will have to wait a little longer to learn how high their health insurance premiums will rise.
The Massachusetts Health Connector indicated last week that consumers would have to wait until Tuesday to find out if the premium for their insurance purchased through the state agency would go up by as much as 26 percent next year. As many as 80,000 people could be affected.
With uncertainty around federal health care changes looming and the start of an open enrollment period right around the corner, the Massachusetts Health Connector and Division of Insurance prepared two sets of rates for 2018 to account for the possibility that the federal government will stop making monthly cost sharing reduction (CSR) payments.
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