After two days of debate that featured consideration of 265 amendments, the Massachusetts Senate last week voted 35-2 to approve health care payment reform legislation. The Senate bill anticipates medical cost savings of $150 billion over 15 years through the adoption of alternative payment methodologies and delivery models. Immediately after the vote, Senate President Therese Murray declared, “Once again we lead the nation.”
The Senate bill now moves to the House of Representatives, which released its version of health care payment reform earlier this month but has yet to debate it. The Senate and House bills propose vastly different approaches to containing medical costs, and the branches will eventually appoint a six-member conference committee to resolve the differences. For more information about the proposed bills, including their differences, see our May 10 ML Strategies alert.
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