Proposed State Legislation: Why the employer assessment is good economics
Why the employer assessment is good for Massachusetts
There are approximately 532,000 Massachusetts residents with no health insurance, and hundreds of thousands more are struggling with unaffordable premiums. Of the uninsured, 87% are working adults.
These 532,000 residents receive health care in emergency settings, and their care is paid for by a $1 Billion “Free Care Pool.” This pool is funded in part by a $160 million tax on private insurance premiums, a tax mostly borne by businesses which purchase insurance for their employees.
Inspired by the work of the Affordable Care Today! Coalition, the House of Representatives has crafted and overwhelmingly approved legislation that would address the epidemic of un-insurance by expanding MassHealth to the working poor and requiring employers who do not offer health insurance to contribute to the costs of this public program – a fair share employer assessment.
How the House Bill Fair Share Employer Assessment Works......
Why the Employer Assessment is Necessary
The current system is unfair because it puts the burden of paying for the free care pool on employers that already purchase health insurance......
For the full report, see:
http://www.hcfama.org/act/Good4MA.asp
There are approximately 532,000 Massachusetts residents with no health insurance, and hundreds of thousands more are struggling with unaffordable premiums. Of the uninsured, 87% are working adults.
These 532,000 residents receive health care in emergency settings, and their care is paid for by a $1 Billion “Free Care Pool.” This pool is funded in part by a $160 million tax on private insurance premiums, a tax mostly borne by businesses which purchase insurance for their employees.
Inspired by the work of the Affordable Care Today! Coalition, the House of Representatives has crafted and overwhelmingly approved legislation that would address the epidemic of un-insurance by expanding MassHealth to the working poor and requiring employers who do not offer health insurance to contribute to the costs of this public program – a fair share employer assessment.
How the House Bill Fair Share Employer Assessment Works......
Why the Employer Assessment is Necessary
The current system is unfair because it puts the burden of paying for the free care pool on employers that already purchase health insurance......
For the full report, see:
http://www.hcfama.org/act/Good4MA.asp
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