Time marches on and work proceeds apace on design of benefit packages and premiums for the low-cost insurance plans mandated by the Massachusetts universal health care law. As reported by AISHealth.com:
Gov. Mitt Romney (R) recently said premiums on the products will range from $150 to $250 per month. "But you’ll see far more affordable products offered in our marketplace," he said June 8 at the annual conference of America’s Health Insurance Plans, held in San Diego. Massachusetts’s groundbreaking legislation, enacted in April, requires all residents to have insurance by July 1, 2007.
These rates are below current average premium levels. The challenge will be to design products that are both affordable and attractive.