Health Insurance Increase Okayed In Mass. For 2012
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.