Tuesday, April 13, 2010

Massachusetts Private Health Insurance in Chaos

The future is now. Massachusetts State Government has effectively destroyed the private insurance market. Thank you Mitt Romney.

Link HT: Hit and Run
The standoff between Massachusetts regulators and health insurance companies intensified yesterday, as most insurers stopped offering new coverage to small businesses and individuals, and state officials demanded that the insurers post updated rates online and resume offering policies by Friday.

People seeking to buy health insurance for the first time, or customers looking to change policies, found they could not do so, at least temporarily.