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Massachusetts Health Insurance Plan Will Cost $151M More Than Expected, Opinion Piece SaysOfficials of Massachusetts Gov. Mitt Romney s R administration are now telling Wall Street that they expect the state s new law requiring all residents to obtain health insurance by July 1, 2007, to be quite expensive, even though supporters promised that health insurance could be provided with only a slight increase in expenditures, Sally Pipes, p nike air force resident and CEO of the Pacific Research Institute, writes in a Washington Times opinion piece. According to Pipes, officials now say the new plan will increase Massachusetts government health spending by $276.4 million in 2007 -- a $151 million increase over what the public was told the plan would cost as recently as April. She conti air max 1 nues that an Aug. 17 bond filing reveals why Mr. Romney and friends had no problem getting consensus from the health community and Democratic leaders, noting that according to the filing, the plan calls for $386 million in rate increases for hospitals, physicians and managed care organizations. In addition, current government programs will receive $85.2 million to restore state Medicaid dental and eye care air force 1 benefits and expand eligibility of the MassHealth program, according to the filing. In addition, the filing also discloses that the plans being discussed by the panel for low-income people will cost $25 million more than originally projected, which would put total first-year costs north of $300 m
