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Mass. Seeks Health Insurance Rate Cuts

This article is more than 10 years old.

The agency that oversees the state's health insurance law is asking insurers to cut rates for 160,000 residents who receive state-subsidized care.

The Connector Authority is facing soaring costs, vanishing resources, and an expected jump in enrollment.

With a projected $82 million gap, the authority's board on Thursday approved a major change in how it will do business with insurers in the Commonwealth Care program. The approach encourages competition and will reward the lowest-cost insurers by giving them the most customers.

Massachusetts regulators say paring costs will keep co-payment increases modest and ensure quality coverage.

Health care advocates are concerned that rate cuts could mean insurance plans with a narrower choice of hospitals and physicians and more restrictions on the use of specialists.

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This program aired on February 11, 2011. The audio for this program is not available.

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