Mass General Brigham has a network of 15 facilities.Google Maps
About two-thirds of businesses in Massachusetts offered health insurance this year, higher than the national rate of 54%.
And a significant number of companies are only offering high deductible health plans that come with lower premiums but higher out-of-pocket costs, according to a new survey.
The state Center for Health Information and Analysis survey was in the field from April through September and also found that among firms offering insurance, 71% offered at least one high-deductible health plan.
Fifty-six percent of small firms and nearly a third of large firms offered HDHPs exclusively.
The biennial survey concluded that among the 34% of firms that offered HDHPs with an accompanying savings option — health reimbursement arrangement (HRA) or health savings account (HSA) — firms contributed an average of $1,916 annually to HRAs and $630 to HSAs for single coverage, and $3,480 and $1,255, respectively, for family coverage.
On the cost front, more employees are absorbing new insurance costs and average premiums here are higher than nationally.
Employees in Massachusetts contributed a larger share of the premium than their national counterparts (24% percent vs. 15%) with lower average annual deductibles ($1,354 vs. $1,787).
Nearly a quarter of firms reported having increased member cost-sharing in the past 12 months to manage rising costs.
The average monthly premium for single coverage was higher in Massachusetts ($789) than nationally ($746).
If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, (updated 8/1/2024) and acknowledgement of our Privacy Policy, and Your Privacy Choices and Rights (updated 7/1/2024).
© 2024 Advance Local Media LLC. All rights reserved (About Us).
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local.
Community Rules apply to all content you upload or otherwise submit to this site.
YouTube's privacy policy is available here and YouTube's terms of service is available here.
Ad Choices
