Legislators Propose Health Care Price Controls
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Legislators, business and health care groups introduce the “Affordable Health Plan.â€
State legislators, led by state Sen. Richard T. Moore, D-Uxbridge, have proposed a plan to establish the “Affordable Health Plan” to help keep costs down for small businesses and their employees.
Legislators say the proposed bill could reduce the cost of premiums by as much as 22 percent for small businesses and individuals. “Controlling the cost of health care is critical to keeping health care affordable for them,” Moore said in a statement.
The plan would institute a rate cap on reimbursements to all providers of 110 percent of Medicare or Medicaid for all service other than outpatient pharmacy benefits. It also sets a 2 percent cap on profits insurers can take from small businesses and prohibits providers from billing patients in excess of established reimbursement amounts, co-payments, co-insurance or deductibles, among other measures.
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