The legislation creates a board that would have four years to establish the publicly-funded system and its payment plan.
Under the plan, all residents in the state would be eligible for Green Mountain Care, as the program has been dubbed, and all providers would bill one payor, the state, for their services, according to the report.
If the health plan is fully established, Vermont would be the first state to have a publicly funded health system.
Read the New York Times report on Vermont healthcare.
Related Articles on Green Mountain Care:
Vermont Passes Single-Payor Health Reform; Now What?
Vermont House Passes Single-Payor Health Bill
Vermont May Move to Single-Payor Health System
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