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Bill > S546


MA S546

MA S546
To promote value-based insurance design in the Commonwealth


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to promote value-based insurance design in the Commonwealth. Financial Services.

AI Summary

This bill aims to promote value-based insurance design in the Commonwealth. It requires the Secretary of Health and Human Services to determine which medical and behavioral health services, treatments, and prescription drugs are considered "high-value, cost-effective" services. Insurance plans, health coverage, and medical assistance programs must then cover these services without any cost-sharing (e.g., copayments, coinsurance, or deductibles) for the insured. The bill also establishes a Value-Based Insurance Expert Panel to advise the Secretary on these determinations. The Center for Health Information and Analysis is required to evaluate the impact of this policy every two years.

Committee Categories

Business and Industry

Sponsors (20)

Last Action

Accompanied a study order, see S2496 (on 04/30/2018)

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