From Investor’s Business Daily:

In a study that’s likely the first of its kind, the Beacon Hill Institute at Suffolk University near Boston took a look at health care costs in Massachusetts and found that they have increased significantly since RomneyCare became the law:

• State health care spending has increased by $414 million in the last five years.• Private health insurance costs have gone up by $4.3 billion.

• An additional $2.4 billion in federal money has been spent on Medicaid in the state.

• Medicare spending has risen by $1.4 billion.

Read more: Massachusetts Mess – Investors.com.

Read the study here: Massachusetts Health Care Reform drives up insurance costs both public and private.

(via FIRM)