Despite a public perception that the state's landmark health care reform law has turned out to be unaffordable, a new analysis by the Massachusetts Taxpayers Foundation finds that the cost to taxpayers of achieving near universal coverage has been relatively modest and well within initial projections of how much the state would have to spend to implement reform, in part because many of the newly insured have enrolled in employer-sponsored plans at no public expense. The Foundation report concludes that state spending on the reform has increased by $350 million between fiscal 2006, the last year before reform, and fiscal 2010 - an average annual increase of only $88 million.
May 01, 2009
HEALTH CARE
Massachusetts Health Reform: The Myth of Uncontrollable Costs
Despite a public perception that the state's landmark health care reform law has turned out to be unaffordable, a new analysis by the Massachusetts Taxpayers Foundation finds that the cost to taxpayers of achieving near universal coverage has been relatively modest and well within initial projections of how much the state would have to spend to implement reform, in part because many of the newly insured have enrolled in employer-sponsored plans at no public expense. The Foundation report concludes that state spending on the reform has increased by $350 million between fiscal 2006, the last year before reform, and fiscal 2010 - an average annual increase of only $88 million.
