Insurers see $100M hit from rate fight
August 18, 2010 by Tom Licciardello, CFP · Leave a Comment
The rate disput between Massachusetts Health Insurance carriers and the Department of Insurance that began on April 1st, is nearly settled. The resulting rate reductions are good news for our clients, but not so good for the carriers, as reported in this Boston Business Journal article..
While we can’t predict what rates will look like in the future, we can be sure that the next round of negotiations between insurers and providers will be much more “animated”!