Conference committee debates global hospital budgets vs. reference-based pricing in S126

May 28, 2025

Members of the Senate-House conference committee on S126 debated whether Vermont should pursue global hospital budgets now or prioritize implementing reference-based pricing that would set hospital payment limits first, with differing House and Senate language on timing, scope and the Green Mountain Care Board’s duties.

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Conference committee members on S126, legislation "relating to health care payment and delivery system reform," spent much of their session debating whether to proceed immediately with global hospital budgets or first implement reference-based pricing across payers.

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