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elleng

(138,788 posts)
1. The answer to America's health care cost problem might be in Maryland.
Tue Jan 25, 2022, 06:54 AM
Jan 2022

Maryland has a health care system unique in the United States: a global hospital budget. Here’s how it works.

*Maryland is the site of two big experiments in containing health care costs. The first: Since the 1970s, the state has set the prices hospitals can charge for medical care, known as all-payer rate setting.

The second experiment: Since 2014, it’s also capped how much health spending can grow overall, including how much revenue each hospital can take in.

These kinds of regulations are common abroad — France, Japan, Switzerland, the Netherlands, and Germany all have some variation of rate setting and set budgets for health care spending. But here in the United States, Maryland stands alone.'>>>

https://www.vox.com/policy-and-politics/2020/1/22/21055118/maryland-health-care-global-hospital-budget

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