Saturday, October 10, 2009

Tuesday, October 06, 2009

Problems with Healthcare Reform in Massachusetts.

The Boston Globe reports that despite the existence of state laws that mandate coverage and to control costs, as well as extensive participation by non-profit insurers, medical insurance premiums will rise about 10% in the coming year. The article also notes that one unintended consequence of required coverage in the state has been the deluge of physician office visits for physical examinations and other testing. Another substantial component of the cost increase is the movement of the bulk of baby-boomers into older age, accompanied by increased use of medical services and products. Too bad we can't legislate a moratorium on aging, but perhaps this Congress will try.