Home > Uncategorized > Massachusetts Passes Health Cost Control Bill – Kaiser Health News

Massachusetts Passes Health Cost Control Bill – Kaiser Health News

The Bay State does another first in health care reform.  First with a state-based health insurance exchange and a mandate that everyone have health coverage.  Now the first state to attempt to bend the health care cost curve by force of law, albeit a paper tiger according to the story.

Here’s an excerpt from the story by WBUR and Kaiser Health News:

Under the new law, hospitals and doctors will have to cut their rate of cost growth about in half. So, instead of going up 6 to 8 percent per year, costs would only be allowed to rise 3.6 percent per year.

“No other state has tried to tie health care costs to the state’s economy,” said Massachusetts Association of Health Plans President Lora Pellegrini. “This is going to be really revolutionary and very important and I’m sure the nation’s watching.”

Michael Widmer, with the Massachusetts Taxpayers Foundation, says he thinks the health care industry will embrace the bill’s spending goals, even though they are what he considers aggressive.

“But on the other hand the legislation does not include triggers or punishments if the targets aren’t met,” he said.

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: