Market-based interventions have provided insufficient relief from rising commercial health care costs. As a result, states have a unique and pressing opportunity to enact policies that place downward pressure on unit prices and rebalance market power toward health care purchasers and consumers.
For some states, the best and most viable path to improving health care affordability may be the direct route: regulating provider prices. That doesn’t mean that the only option on the table is to exert complete price control through all-payer rate setting. States might alternatively consider establishing price caps, or applying controls to select sites of service, markets or circumstances. By placing a selective clamp on health care prices, policymakers and regulators hope to create an environment where negotiations between payers and providers proceed on a more even playing field.
This webinar, third in a series of four, focuses on policies for price regulation, organized according to the degree of state oversight, resources and sophistication required to administer them.
Featuring Anna Doar Sinaiko, Assistant Professor of Health Economics and Policy at Harvard University, Robert A. Berenson, an Institute Fellow at the Urban Institute’s Health Policy Center, and Robert Murray, President of Global Health Payment, LLC.
CPR’s white paper profiles five scenario-based policy menus, designed to help state policymakers, advocacy organizations and other stakeholders navigate through the multitude of policy intervention options and identify those best suited to meet their unique circumstances.
Download the corresponding issue briefs here, this session will cover Issue Brief #5.