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Bill > SB0493


IN SB0493

IN SB0493
Medicaid value based contracting.


summary

Introduced
01/14/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead
04/24/2025

Introduced Session

2025 Regular Session

Bill Summary

Medicaid value based contracting. Allows a managed care organization to enter into a value based contract with a Medicaid provider to provide services under a risk based managed care program.

AI Summary

This bill allows managed care organizations (MCOs) in Indiana to enter into value-based contracts with Medicaid providers starting July 1, 2025. Value-based contracting is a payment model where healthcare providers are compensated based on patient health outcomes rather than traditional fee-for-service arrangements. The bill specifies that MCOs are responsible for ensuring high-quality care for Medicaid recipients and can use various payment models with provider agreement, including case rates (fixed payments for treating a specific medical condition), total cost of care arrangements (payments based on overall healthcare spending), pay for value bonuses (additional compensation for achieving specific quality metrics), and bundled payments (a single payment covering all services related to a specific treatment or procedure). This approach aims to incentivize more efficient and effective healthcare delivery while potentially reducing overall healthcare costs.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

First reading: referred to Committee on Health and Provider Services (on 01/14/2025)

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