High Stakes for Companies and Workers as Massachusetts Seeks to Tame Health Care Costs

Thursday, April 26, 2012

For Immediate Release

Contact Ellen Berlin, Weber Shandwick

617-520-7115

eberlin@webershandwick.com

 

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.