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Health Care & Insurance

Businesses will pay lower assessment rate on workers' comp policies

The Baker-Polito administration will reduce the assessment employers pay to the state on workers’ compensation insurance policies by .05 percent, offering companies some tax relief.

Arch Therapeutics raises $3M in financing

Arch Therapeutics of Framingham has raised $3 million in equity financing through sales of stock to 19 accredited investors, the company announced Wednesday.

Obamacare risk adjustment to transfer funds among insurers

STATE HOUSE NEWS SERVICE |

Health insurers say new payments they face in connection with the Affordable Care Act could drive up premiums on individuals and small businesses and punish companies that are focusing on more...

Health Connector chief: We can't change risk-adjustment process

Emily Micucci |

The head of the state agency that helps enroll uninsured residents with health care coverage said he can't make changes to the state's risk adjustment program, a feature of the Affordable Care Act...

Hanover completes spinoff of U.K. motor business

Hanover Insurance Group has completed the transfer of its United Kingdom motor business to Markerstudy Group, the Worcester-headquartered company announced Tuesday.

HealthAlliance, nurses reach tentative contract agreement

Emily Micucci |

Leominster-based HealthAlliance Hospital and the Massachusetts Nurses Association (MNA) said they have reached a tentative three-year contract agreement that limits patient assignments and increases...

Baker, home care workers agree to wage goal

BY MICHAEL NORTON STATE HOUSE NEWS SERVICE |

Home care workers in Massachusetts say a newly agreed upon contract extension with the state will make them the first in the nation to receive a $15 starting hourly wage.

Mass. campaign launches to end workplace mental illness stigma

The Massachusetts branch of the National Alliance on Mental Illness (NAMI) has launched a statewide campaign, CEOs Against Stigma, to address workplace stigma and create more productive workplaces.

Fallon, two other insurers challenge state's risk adjustment program

Emily Micucci |

Worcester-based Fallon Health and two other insurance plans have asked the state’s Health Connector Insurance Authority to review risk assessment fees that they say could...

HealthAlliance nurses authorize strike

Emily Micucci |

Nurses at HealthAlliance Hospital in Leominster on Wednesday voted “overwhelmingly” to authorize a one-day strike, according to a statement from the Massachusetts Nurses Association...

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