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VT S0043
Bill
AI Summary
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Reference-based pricing required for inpatient and outpatient hospital services in the State employees' health plan, excluding critical access hospitals, beginning January 1, 2026
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Annual premium growth capped at the percentage change in the Consumer Price Index for medical care in the Northeast region
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School employers may opt to enroll their employees in the State employees' group hospital-surgical-medical insurance plan
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Secretary of Administration must report annually to the General Assembly by March 15 on the reference-based pricing program's effect on insurance costs, with the first report due March 15, 2027
Legislative Description
An act relating to reference-based pricing and cost-containment in the State employees’ health plan
Last Action
Committee on Government Operations relieved; bill committed to Committee on Health and Welfare on motion of Senator Collamore
2/5/2025