Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bill S198 would let board cap hospital prices and bring outsourced clinical revenue under oversight
Summary
Legislative counsel introduced S198 to let the Green Mountain Care Board set reference‑based price ceilings (benchmarked to Medicare) for hospital services, require outsourced clinical revenue be included in hospital budgets and provider taxes, expand audit authority, and create a public price tool; funding for the tool is not specified.
Jennifer Carvey, legislative counsel, introduced S198 and described a package of changes designed to enable implementation of reference‑based pricing for Vermont hospitals and to close loopholes from outsourced clinical services.
Carvey said the bill would require insurers and hospitals to provide standardized information and permit the Green Mountain Care Board to set ceiling rates, commonly as a percentage of Medicare reimbursement. "The Green Mountain Care Board would set as the set a percentage of Medicare," she said, explaining that the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
