Saturday, January 20, 2007

Sticker shock for state care plan

The Boston Globe reports:
A state panel yesterday outlined for the first time the minimum requirements for coverage under the state's new health insurance law, a package estimated to cost $380 a month on average for an individual, more than $100 above recent estimates.


Panel members struggled yesterday to balance affordability with protection from catastrophic medical bills and remained divided on many issues.

"If we're going to mandate this, people need to see that they're getting some value," said panel member Jonathan Gruber, an economics professor at the Massachusetts Institute of Technology. But, he added, the premium is "bad news."
No word yet from the "progressives" on why getting government involved is raising the costs.