BOSTON (AP) — Massachusetts House and Senate negotiators have filed the final version of a bill they say will save up to $200 billion in health care costs over the next 15 years and help guarantee the future of the state's landmark 2006 health care law.
The bill rejects a proposed "luxury tax" for hospitals that charge more than 20 percent above the state median price for a service, but includes $135 million in grants to help community hospitals make the transition to new electronic medical records systems.
Another goal of the bill is to allow residents better access to their own medical records and cut down on unnecessary and expensive repeat medical testing.
Sen. Richard Moore, an Uxbridge Democrat and one of those working on the final bill, said another top aim of the bill is to set a cost growth goal close to the state's rate of inflation, far less than current year-to-year increases in insurance and medical costs.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
