The bill would create Green Mountain Care, a universal health insurance program that would be made available to all residents of the state. The legislation creates a board that would have four years to establish the publicly funded system and its payment plan. Vermont would be the first state to develop a single-payor system.
The legislation now moves to the Senate, which is expected to pass the bill with some possible changes, according to the report.
If the legislation becomes law, it would not take affect until the state received a federal waiver under the Patient Protection and Affordable Care Act.
Read the Brattleboro Reformer report on Vermont healthcare.
Read previous coverage on Vermont healthcare:
– Vermont May Move to Single-Payor Health System
– Vermont Hospitals Oppose Planned Medicaid Cuts, Provider Tax Increase
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.