Foundation Backs Universal Coverage Proposal
Massachusetts might be able to achieve universal access to health coverage with a relatively modest public investment.[@@]
The Blue Cross Blue Shield Foundation of Massachusetts, Boston, has released an analysis predicting that the state could cover all of its uninsured residents for between $700 million and $900 million in new government spending.
Ultimately, $1.5 billion in economic and social benefits would accrue due to improved health and other positive effects on the state’s economy, according to the health finance researchers who wrote the analysis.
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“Massachusetts is well-positioned to achieve universal coverage,” the researchers write. “The state already has a strong base of employer and public coverage and a relatively low uninsurance rate.”
Massachusetts spends more than $1 billion per year to provide care for the uninsured, the researchers report.