Group gives healthcare law high marks
The landmark Massachusetts healthcare law has had only a "marginal impact" on state spending while dramatically expanding the ranks of the insured, according to a report by the Massachusetts Taxpayers Foundation.
The foundation, a group that had supported the law, said yesterday it found state healthcare spending will grow by $707 million between the 2006 and 2010 fiscal years.
Half the increase is reimbursed by the federal government for an annual state increase of $88 million.
That has allowed the state to achieve the lowest uninsured rate in the country.
One reason is that many workers who had refrained from getting insurance through their jobs have now signed up, at an annual additional cost to business of about $750 million.