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HouseHealthcare hears testimony to accelerate reference‑based pricing for two pools in S.190 amendment
Summary
Witnesses told the HouseHealthcare committee that draft 1.1 of S.190 would let the Green Mountain Care Board target reference‑based pricing to the QHP and VHII/Beehive pools in 2027; witnesses said it could lower premiums but flagged risks for rural hospitals, seniors and federal subsidy impacts.
The HouseHealthcare committee on May 7 heard testimony supporting an amendment to S.190 that would accelerate reference‑based pricing for two insurance pools and direct any hospital spending reductions into targeted markets.
Kai Samson, Commissioner of DFR, told the committee the state’s regulators and hospitals have shifted sharply in the past year toward affordability‑driven actions. "This ship is turning," Samson said, describing recent Green Mountain Care Board enforcement and DFR intervention that he said produced "real bankable savings" reflected in lower QHP rates.
Owen Foster, chair of the Green Mountain Care Board, said the…
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