Tuesday, June 15, 2010

Fortune: 5 Lessons from Massachusetts Healthcare "Reform"

Lesson 1: The Massachusetts plan does not control costs.

Lesson 2: Community rating, guaranteed issue and mandated benefits swell costs.

Lesson 3: Huge subsidies for low-to-medium earners could prove extremely expensive.

Lesson 4: The exchanges reward people for working less and earning less.

Lesson 5: The generous plans and added mandates give employers an incentive to drop health insurance.