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Health Insurance Increase Okayed In Mass. For 2012

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Medical Care, Hospital Bed

(Photo by Christopher Furlong/Getty Images)

BOSTON (CBS) –Some Massachusetts residents will see only a small rise in health care premiums this year.

State regulators have approved premium hikes averaging 2.3% for what’s called the Small Group Market.  That includes thousands of small businesses and self-employed residents.
They go into effect in April.

Last year, people saw health care premiums rise 9 percent, and there have been double-digit increases in years past.

State officials say the lower increases reflect years of efforts to get costs under control.

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