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Conference committee confronts future use of global hospital budgets and reference-based pricing timeline

3575276 · May 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Committee members debated language on whether the Green Mountain Care Board should report on reference-based pricing and whether the bill should end or consider future use of global hospital budgets; the Senate version delays global budgeting to a hospital fiscal year beginning in 2028 and the committee flagged consistency and timing issues.

Members of the health conference committee spent substantial time on language about global hospital budgets and reference-based pricing measures, as well as the timing of when any global budget approach would begin.

Jen Harvey told the panel the bill would add to the Green Mountain Care Board's annual report a required status update on reference-based pricing efforts. "This is adding to the Green Mountain Care Board existing annual report requirements to require the board to include the status of its efforts on reference based…

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