Bridge published a story Nov. 5 sharing five reasons why health insurance rates are rising at increasing rates in the state, which included workforce challenges, expiring enhanced premium tax credits, inflation and drug prices.
MHA CEO Brian Peters is quoted in the story, discussing the benefits of hospital mergers and acquisitions when it comes to maintaining access to care and affording high fixed hospital costs. He also highlighted the MHA’s federal advocacy efforts to extend the enhanced premium tax credits.
“The cost of electronic medical record infrastructure is extraordinary today. The cost of medical liability insurance coverage, the cost of physician practice subsidization,” said Peters. “You’re better able to bear that underlying cost if you’re part of a larger system that has more capital resources.”
Members with any questions regarding media requests should contact John Karasinski at the MHA.