Kinsey Kiriakos, a spokesperson for the congressman, said in the report Rep. McDermott’s bill is intended to build on the goals of the Patient Protection and Affordable Care Act while “giving states the option to build an alternative single-payor system.”
Specific details of the bill have not yet been released, but it is expected that states would be able to create their own health insurance programs while pooling in funds from Medicare, Medicaid and other federal healthcare programs, according to the report.
Vermont is attempting to set up its own single-payor healthcare system, although the financial and logistical details have yet to be ironed out. Currently, states that want to establish a single-payor system must be granted a waiver under Section 1332 of the PPACA.
More Articles on Single-Payor Healthcare:
Single-Payor Healthcare: What Could it Do on the National Stage?
Single-Payor Health Bill Stalls in California Senate
Vermont Reveals Next Step of Single-Payor Health System
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
