Health insurance premiums in Massachusetts are rising sharply, putting intense financial pressure on families and employers. With the state already having the highest premiums in the country, many households are struggling to manage growing deductibles, co-pays, and overall medical costs. These increases are landing all at once, making coverage feel less affordable each year.
In a recent article by the Boston Globe, Greg Puig says employers are facing unprecedented premium increases – often in the 20% to 30% range – which is pushing many to shift more costs onto employees or redesign their plans. High-deductible plans and higher out-of-pocket costs have become common as employers try to manage year-after-year spikes. Puig described the extreme surge in rates as “quite insane.”
In the article, Rob DiMase also notes that some employers are using cost-sharing strategies to soften the blow, reducing a potential 20% increase down to roughly 10%–12% for employees. Still, he’s seeing enormous variation across the large-group market, where premium changes have ranged from 7% on the low end to about 57% on the high end. DiMase said he hasn’t seen rate swings like this in a long time, emphasizing how unpredictable and difficult the market has become.
"We’re seeing more 20s- and 30-percent increases than we ever have before, in premiums. It’s quite insane."
Interested in learning more? Read the full article at the Boston Globe or Mass Retirees.
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