Could 2012 bring cost-effective insurance rates?
The Division of Insurance (DOI) announced on January 3, 2012, that the Massachusetts Association of Chamber of Commerce Executives (MACCE) has been awarded the right to serve as a health insurance cooperative. Chambers of commerce that are MACCE members, such as the Cambridge Chamber of Commerce, will have access to health insurance with what is hoped to be lower premiums. As reported in the fall, the CCC has been actively engaged in the negotiations and process that has lead to this appointment. The CCC's President & CEO Kelly Thompson Clark is a MACCE board member and sits on the cooperative board that took part in this process. MACCE will be working with the insurance carriers and the DOI to determine what "discounts" or cost-cutting measures will be offered to provide small businesses with the same types of pricing that larger companies get through group purchasing. The hope and plan is that insurance plans will be available by early summer. The CCC will continue to provide updates as the process moves forward.