Here are four insights into the bill
1. The bill would cost nearly $400 billion annually.
2. To offset a fraction of the bill’s cost, almost $200 billion in existing federal, state and local funding may be available.
3. Officials said reduced healthcare coverage spending by employers and employees would offset these high costs.
4. Some of the bill’s key provisions include:
● An appointed board to oversee the Healthy California Program
● Forbidding payers or healthcare service plans from offering coverage for any services offered through the Healthy California Program
● Making every state resident eligible for the program
For more on the bill’s provisions, click here.
More articles on coding and billing:
Georgia’s largest payer to stay in ACA exchange — for now
Trump’s proposed budget includes $800B Medicaid cuts: 4 things to know
NYT: Former UnitedHealth Group executive speaks out over major payers gaming Medicare system: 7 takeaways
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
