Under Governor Deval Patrick, Massachusetts has tried a couple of methods for limiting the government’s exposure to rising health-care costs. First, Patrick forced insurers to stop raising premiums, which led to a predictable train wreck, as insurers started hemorrhaging cash. When a state appeals board overturned Patrick’s decree, he shifted gears, and began going after the prices charged by ...
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Massachusetts Moves Toward Health-Care Price Controls. Is America Next?
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