, Salem, MA


July 3, 2013

Chamber seeks waivers to federal law

Businesses concerned about health care costs


“Health care is the No. 1 challenge for any business,” said Brian Cranney, owner of Cranney Companies. “It just has been double digit crazy.”

He said he doesn’t understand why the federal law needs to be instituted in a state that already has a working universal healthcare system. He agreed with Berry that the new law would drive up the cost and provide less than Massachusetts’ current system.

“I’m all about everyone getting health care,” Cranney said. “But if the cost goes up 10 or 15 percent under Obamacare I don’t see the value. We didn’t have it before and things seemed to work fine here in Massachusetts. It is making government bigger and I’ve never found efficiency in that.”

Robert Bradford, president of the chamber, said the state already has 98 percent of its population covered with health insurance.

“This just creates an unfair burden on the businesses in Massachusetts in beginning to adhere to a new set of rules that were developed based on the success of our system,” Bradford said.

The chamber is seeking waivers for the following:

Rating factors: A mandated change under the Affordable Care Act that requires the state’s current 11 rating factors to establish health insurance premiums to be reduced to four.

Tinti said this would be the major change to drive up costs.

“Each of those rating factors impact the premium,” Tinti said. “The fewer factors you have generally means a higher premium.”

Annual rate filing: Rate filings will be changed from a quarterly to annual basis.

Under the federal law, insurance companies will have to project its risk over the entire year, Tinti said, which will likely cost more for customers because the health care providers will budget on the higher end of their projections.

“List bill” calculation: This change means health care providers will make new premium calculations for a company whenever the business adds a new employee, including a calculation for each member of a family covered. Under this change, the business will have to foot the bill for any increase over the original premium.

Text Only | Photo Reprints

AP Video
Six Indicted in StubHub Hacking Scheme Trump: DC Hotel Will Be Among World's Best AP Review: Amazon Fire Adds Spark to Smartphones All Aboard! LIRR Strike Averted Microsoft to Cut Up to 18,000 Jobs Time Warner Rejects Murdoch's Takeover Bid Yellen Says Economy Still Needs Fed Support Cleveland Expects Economic Boom From Lebron Justice Dept. Fines Citigroup $7 Billion Justice Dept. Fines Citigroup $7 Billion Downside of Low Mortgage Rates? Less Selling Cupcake Shop Crumbs Shuttering All Its Stores San Francisco Prepares for Soda Battle Dow Breaks Record 17,000 GM Crash Compensation Could Top $1 Billion GM Won't Limit Crash Compensation Funds Justices Rule for Broadcasters in Aereo Fight
NDN Video
What's Got Jack Black Freaking Out at Comic-Con? Doctors Remove 232 Teeth From Teen's Mouth Bradley Cooper Explains His Voice in 'Guardians of the Galaxy' Deja vu: Another NYPD officer choke-holding a suspect Chapter Two: Becoming a first-time director 'Fifty Shades of Grey': Watch the Super Sexy First Trailer Now! Reports: Ravens RB Ray Rice Suspended For 1st 2 Games Of The Season Air Algerie plane with 119 on board missing over Mali Diamond Stone, Malik Newman, Josh Jackson and others showcase talent Free Arturo - The World's Saddest Polar Bear A Look Back at Batman On Film Through The Years LeBron James -- Dropped $2k On Cupcake Apology ... Proceeds To Benefit Charity Snoop Dogg Says He Smoked Weed at the White House Raw: Fight Breaks Out in Ukraine Parliament Chris Pratt Interrupts Interview To French Braid Intern's Hair Shirtless Super Mario Balotelli Dances While Ironing - @TheBuzzeronFOX Whoa! Watch "Housewives" Star Do the Unthinkable LeBron apologizes to neighbors with cupcakes Justin Bieber In Calvin Klein Underwear Shoot Samsung Pre-Trolls The IPhone 6 With New Ad
Comments Trcker