Vermont's Green Mountain Care Board Prepares for Busy 2012

Vermont's Green Mountain Care Board, the government program that will institute a single-payor system starting in 2017, will use 2012 as a time frame to concoct a financing plan for the single-payor system, and it will use input from all willing state residents, according to a Burlington Free Press report.

Last week, a session on the state's health reform financing was held, and participants gave their input surrounding one main question: How should the single-payor system be funded?

As the Green Mountain Care Board presents its financial plan to the state legislature in 2013, it also must find ways to curb the rising healthcare costs in the state and meet the requirements of the Patient Protection and Affordable Care Act in conjunction with its own healthcare reforms.

Anya Rader Wallack, chairwoman of the Green Mountain Care Board, said in the report the committee plans to implement pilot projects to rein in healthcare costs over the next year, such as a research initiative that aims to change how hospitals, physicians and other healthcare entities are paid in order to eliminate financial incentives for unnecessary procedures and encourage preventive care.

Related Articles on Vermont Healthcare:

Vermont to Test Bundled Payments Ahead of Single-Payor

Vermont's Green Mountain Health Care Board Formally Begins Work

Single-Payor Healthcare in Vermont: Q&A with Tom Huebner of Vermont's Rutland Regional Medical Center

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