For Immediate Release
Contact Ellen Berlin, Weber Shandwick
617-520-7115
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.