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In April 2022, Massachusetts-based Fidelity Investments announced it would be the record keeping service provider of MassMutual's corporate 401K plan. [79] A total of 11,593 employees make up the company's global workforce. [80] As of 2016, MassMutual Life Insurance holds Fortune 500's 76th place – up from 2015's 94th. [81]
Massachusetts is known for its progressive politics, and is a stronghold of American Liberalism and the Democratic Party. In a 2018 Gallup poll Massachusetts was the state with the highest percentage of its population identifying as liberal and the lowest percentage identifying as conservative, at 35% and 21% respectively. [19]
[34] [35] Examples include the Commonwealth Health Insurance Connector Authority, which provides a platform for maintaining Massachusetts' statewide healthcare insurance platform. List of some Massachusetts quasi-public agencies: [36] the Massachusetts Industrial Finance Agency, established by 496 (3) -- 1978.
The average cost of car insurance in Massachusetts is $1,665 for full coverage insurance and $413 for minimum coverage insurance. The average car insurance premium in Massachusetts is ...
At the point of the implementation of PPACA in 2014, of those citizens acquiring insurance through pre-ACA Massachusetts Health Connector plans, approximately 100,000 Massachusetts residents who received free or highly subsidized CommonWealth Care insurance, were expected be needed to be moved to Medicaid.
Gap insurance is not legally required in the state of Massachusetts. However, if you purchase or lease a new vehicle, your lender or lessor may require you to carry gap coverage.
In 1922, the Massachusetts General Court passed legislation creating the department of administration and finance. The department replaced the office of supervisor of administration and assumed many of the duties of the superintendent of buildings, Secretary of the Commonwealth, state treasurer, and state auditor. [2]
EOHHS is the largest secretariat in Massachusetts, and is responsible for the Medicaid program, child welfare, public health, disabilities, veterans’ affairs, and elder affairs. In total, EOHHS oversees 11 state agencies and the MassHealth Program. [1]