Rate-Setting Prevails in New State Health Reform Trends, Departing from Market Strategies
Aspen, Colorado – Most state-run health reforms across the United States are trending towards rate-setting mechanisms rather than relying on free market principles. This shift in approach has significant implications for the healthcare industry and the millions of Americans who rely on it. In recent years, more and more states have been exploring the option of setting rates for medical services, prescription drugs, and insurance premiums in an effort to control costs and increase access …