Health Care Cost Resource Page
News, Information And Best Practices For Employers Concerned About Health And Health Insurance
After decades of talk about the rising cost of health care, Massachusetts employers finally have the opportunity to do something about it. Breathtaking changes in the health-care market are allowing employers to re-think the way they purchase and manage health insurance.
AIM is working on four fronts to solve the health cost crisis:
- Supporting implementation of the new Massachusetts health-cost control law, including limits on the growth of medical spending;
- Working with policymakers to reconcile federal health reform with the 2006 Massachusetts Health Care Reform Law;
- Offering a multi-year educational initiative to help employers control the cost and quality of the health insurance they provide to employees;
- Providing innovative health insurance products for employers of all sizes.
- Legislation & Policy
- Employer Education
Associated Industries of Massachusetts supports the following proposals to help employers control the cost of health care:
An Act to Provide Immediate Relief to Businesses on Health-Care Costs
Imposes a moratorium on new, mandated benefits; ends publication of the list of employers (with 50 or more employees) whose workers use public health programs; and abolishes the Medical Security Trust Fund.
An Act to Eliminate Duplicative Health Insurance Reporting Requirements and Assessments
Repeals the Health Insurance Responsibility Disclosure, the Free-Rider Surcharge and the Fair-Share Assessment required under the 2006 state health reform law. These employer regulations are no longer needed because the federal Accountable Care Act will have its own compliance rules.
An Act Relative to the Division of Insurance Notifying Health Plans of Rate Decisions at Least 60 Days Prior to the Effective Date
Requires the Division of Insurance to notify health insurance carriers of rate disapproval no later than 60 days prior to the proposed effective date of the carrier’s rate.
An Act Relative to Health Insurance Premium Impact Statements
The state will be making numerous changes to its health care and health insurance laws and regulations in the upcoming years, especially during the process of implementing Chapter 224 and reconciling the Affordable Care Act with Massachusetts law. It is imperative that all of the changes take into consideration their impacts on premium costs.
Every employer wants to contain health care costs, but how do you do it?
AIM has launched a multi-year educational initiative to help employers control the cost and quality of the health insurance they provide to their employees.
The Health Cost Solution will offer briefings, seminars, training, Webinars, videos, online information and other resources to employers seeking to slow the soaring cost of health care that has for years depressed business growth across the commonwealth.