Recently, the California health insurance marketplace imposed reforms on its contracts with private insurers in an effort to increase transparency, improve quality of care, and curb cost. For example, if hospitals do not meet certain quality standards, health plans will be required to cut at least six percent of their payments; if they exceed standards, health plans will give them bonuses of an equal amount. The plan will be implemented over the next seven years, and the attempt to impose cost standards on health plans, hospitals, and doctors is the first by any healthcare exchange in the United States. Head here to learn more.
Last Updated on May 8, 2020 by Aimed Alliance
