Proposed tax on health care premiums expected to fund HealthSource budget

ANYA RADER WALLACK, DIRECTOR of HealthSource RI, explained that the new assessment on health care premiums for individuals would be 3.76 percent and 1 percent for small businesses. She is shown at a recent PBN Summit on health care reform and the insurance exchange. Panelists included from left to right, Sam Slade, president of USI Insurance RI's Employee Benefits Division; Peter Marino, president and CEO of Neighborhood Health Plan RI; Wallack; and James J. Raiola, a career agent with MassMutual and advisory board member of HealthSource RI. / PBN FILE PHOTO/RUPERT WHITELY
ANYA RADER WALLACK, DIRECTOR of HealthSource RI, explained that the new assessment on health care premiums for individuals would be 3.76 percent and 1 percent for small businesses. She is shown at a recent PBN Summit on health care reform and the insurance exchange. Panelists included from left to right, Sam Slade, president of USI Insurance RI's Employee Benefits Division; Peter Marino, president and CEO of Neighborhood Health Plan RI; Wallack; and James J. Raiola, a career agent with MassMutual and advisory board member of HealthSource RI. / PBN FILE PHOTO/RUPERT WHITELY
PROVIDENCE – A new assessment on health care premiums for individuals and businesses included in Gov. Gina M. Raimondo’s fiscal 2016 budget is expected to generate $11.2 million annually, money that would be used to fund HealthSource RI’s budget, its director said Wednesday. The assessments would be levied on plans purchased both inside and outside…

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