If you are looking for affordable health insurance in Massachusetts, you are a few steps ahead of the game compared to other states. However, this does not mean that you shouldn’t take some time and make an effort to find further savings and get the best plan available for the lowest price possible.
Affordable Health Insurance in Massachusetts: Health Stats
Massachusetts is one of the healthiest states in the nation. For 2010, they ranked 3rdamong all states for overall health and finished first in several key indicators. This is good news for residents as it helps to control medical insurance rates. Massachusetts health care reform has increased the amount of residents with health care insurance to 97 percent of all residents. The reforms require most residents of Massachusetts 18 and older to obtain health insurance. If you do not purchase Massachusetts health insurance, and do not qualify for exemption, you may face tax penalties for the time in which you are uninsured.
Affordable Health Insurance in Massachusetts: Employee-Sponsored Coverage
Employers are required to make health insurance accessible to employees as long as they have 11 or more employees. Those employers with fewer than 11 employees are exempt from mandated accessibility, but still face some requirements. Employee-sponsored health care insurance is generally cheaper as employers are required to make a contribution to premiums for comprehensive coverage. However, you are not required to participate in your employers coverage offerings, you may seek health care coverage on your own or attempt to qualify for coverage through one of the public plans. If you refuse the employer-sponsored plan, and choose a private option, your employer is required to make a “fair and reasonable contribution” to your premiums.
Affordable Health Insurance in Massachusetts: Public Plans