Massachusetts Implosion in 5...4...3

[Crabcake Johnny]

And another theory debunked; that hospital costs are high due to treating the uninsured. Under this, now busted, theory hospital have to eat hundreds of thousands a year due to treating patients without coverage.

This was something greatly touted before the MA. reform regarding bringing costs down - everyone will have insurance.

Well, under their own stats, 94% have coverage. So...why haven't the hospitals realized those huge savings? Anyone? Bueller?

 

[HM-agent]

The big reason that Mass rejected the premiums is that the current governor(Deval Patrick) is taking a beating in the polls and probably will lose the upcoming election. Plus they merged the individual and small group markets and won't allow the ind. rates to increase.

 

[Josh]

Biggest factor in renewal action is utilization which is through the roof.

Which is a trend likely to continue until the end of time. It doesn't help that as a population we are getting more and more unhealthy and needing more and more medicare care ON TOP of folks going to the doctor for a rolled ankle and the sniffles.

 

[Crabcake Johnny]

I wonder how much people who do in grocery shopping if you could load up the cart for $35.