Forbes, January 29, 2014
Massachusetts is struggling under ObamaCare. In the state that “inspired” the Affordable Care Act (ACA), with almost universal coverage and a functional exchange, most would assume the transition to the federal law would be largely cosmetic. Yet many BayState insiders have been surprised by the number of brick walls the state has run into during early implementation and are privately expressing deep concerns about the road ahead. Massachusetts is now home to the nation’s WORST-performing exchange.
It’s time the rest of the country take note.
The ACA’s impacts will be widely felt in Massachusetts – from the premium rollercoaster ahead for small businesses to the largely non-functional exchange website, run for by the state-based exchange known as the Connector. Due to the ACA, a majority of small companies will see “extreme premium increases.” As a result state leaders have been reduced to begging the federal government for last-minute waivers and grace periods. In addition, residents will face a disproportionately heavy tax burden to finance the new law due to its industry mix, high-cost insurance and the commonwealth’s higher than average incomes.