Healthcare Financial, Inc. - Industry News and Updates

12.12.07 - Connector Getting Tough With Employers

The Connector Authority is warning businesses that their employees could face penalties if employer-sponsored plans don´t meet new state requirements. Health plans available to employees must meet new Minimum Credible Coverage standards.
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11.30.07 - Medicaid Waiver and the State´s Tightening Budget

The symptoms of a tightening state fiscal picture are emerging. The state is turning to short-term borrowing for cash flow purposes earlier in the fiscal year.
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11.19.07 - Connector Faced With Increasing Insurance Rates

Insurers offering unsubsidized Commonwealth Choice plans through the Connector estimate rates could rise by between 10 percent and 12 percent next year.
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10.12.07 - Connector Board Weighs Drug Benefit Options for 2009

At Thursday's Connector Board meeting discussion centered around proposals for mandated prescription drug coverage.
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09.24.07 - Healthcare Costs Rise - Officials Stand Up and Pay Attention

Yesterday, Massachusetts State officials met to discuss objectives for implementing the new law that requires most adults to have health insurance, but the topic of "cost control", a topic pressing attention...
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09.14.07 - How to Make Your Eligibilty Program More Rewarding

Drive in More Revenue — Get More Patients Covered
by Gerard A. Vitti
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07.13.07 - Commonwealth Choice Members Opting For No Drug Coverage Plans

One third of the 15,000 individuals who have signed up for the state's non-subsidized health insurance products have opted for a plan that does not include drug coverage...
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06.28.07 - Contract Talks Raise Concerns About Commonwealth Care Insurance Costs

As reported by the State House News Service, the four plans covering individuals enrolled in the state´s heavily subsidized Commonwealth Care program are seeking rate hikes beyond the 4 percent proposed by the state Connector Authority...
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04.13.07 - Affordability - The Story of the Week

A year after legislation intended to make health insurance coverage universal was signed into law, the state entity implementing the landmark measure unanimously voted today...
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03.21.07 - Connector to delay New Health Care Reform Law

The Connector Authority voted yesterday to delay the full implementation of the new health care reform law for 18 months, giving residents until Jan. 1, 2009 to meet the board's minimum coverage standards, which include prescription drugs.
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03.14.07 - Phase-in of Minimum Coverage Recommended

The State House news reports that yesterday the staff of the state Connector Authority today recommended mandating drug coverage in Massachusetts insurance plans but only after Sept. 1, 2008 to give the industry time to adjust and people enough time to switch plans, if necessary.
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03.05.07 - Connector Recommends High Deductible Plans

Gov. Deval Patrick announced Saturday that negotiations with insurers have led to a plan under which an average uninsured resident, typically those under 37, could pay $175 a month for insurance.
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01.31.07 - MA State Leaders Acknowledge Problems, Conflicted About Deadlines

As reported by the State House News Service, three of our political leaders weighted in extensively yesterday on the problems, timeframes and opportunities associated with healthcare reform.
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01.22.07 - Connector / Insurers Struggle Providing Affordable Plans

The Commonwealth Connector, the authority charged with introducing health insurance plans affordable to about 160,000 uninsured individuals, indicated that plans submitted to date that meet minimum coverage standards are too expensive...
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