Insurers see $100M hit from rate fight

August 18, 2010 by · 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”!

About Tom Licciardello, CFP
For the past 31 years, Tom has helped manage the financial affairs for individuals and business. Tom is an independent Certified Financial Planner, principal of Licciardello Financial Services and partner in Compass Capital Corporation.

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