Massachusetts Universal Health Insurance Panel Rebids Plans

February 5, 2007 Massachusetts Universal Health Insurance Panel Rebids Plans On January 25, 2007, the Massachusetts Connector Authority Board of Directors asked that health insurers resubmit bids for its two universal coverage plans – the young adult plan and the adult plan. The Board questioned the affordability of insurers’ proposed average adult premium of $380 for people earning little more than 300% of the federal poverty line. The revised young adult plan requires an annual deductible of $2,000 or less, annual out-of-pocket expense of $5,000 or less and annual benefit maximums of at least $50,000 per . . .