All the politicians says they want to provide relief for small businesses and their health insurance premium. We are a small business and we have to buy health insurance for ourselves. Neither my wife, myself or daughter are on any prescriptions, but I have to prescription coverage (PCS).
Why? The Commonwealth of Massachusetts says that in order to avoid paying a penalty you need to have Minimum Credible Coverage (MCC). Imagine if you had to have boat insurance on your homeowner’s insurance, even if you did not own a boat?
Conservatively I have heard that if the PCS coverage was removed, my premiums would drop 8-10%. The Commonwealth of Massachusetts should not require PCS coverage in order to meet MCC. This especially makes sense when companies like Walmart have a list of prescriptions that grows every day.