For Immediate Release
Contact Ellen Berlin, Weber Shandwick
High Stakes for Companies and Workers as Massachusetts Seeks to Tame Health Care Costs
Even Modest Reductions in Growth Would Yield Major Benefits to the Economy
BOSTON – April 26, 2012 – A study by a leading health care economist concludes that if health care costs in Massachusetts grow more slowly than projected, workers could pocket as much as an extra $9,200 in take-home pay between 2011 and 2019. Over the same period, Massachusetts employers could save up to $34.5 billion in premium payments and preserve an additional $4.1 billion to invest in jobs and profits — all of which would otherwise be lost to rising health care costs.