Mass. Foresees Savings From Reworking Health Program
Although enrollment in Massachusetts' Commonwealth Care program is expected to grow by 11% next year, state officials recently announced that the program is expected to save $80 million because it has renegotiated contracts with insurers. Gov. Deval Patrick's (D) administration asked health plans to submit bids that included lower premiums than their current rates. Insurers were able keep prices low by renegotiating with health care providers and by offering patients fewer choices of hospitals and physicians.
- "Mass. Announces $80 Million Savings in State-Subsidized Insurance Program" (Lazar, Boston Globe, 4/13).
- "Savings Foreseen Under Mass. Program" (Vesely, Modern Healthcare, 4/13).