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Universal Health Insurance Tax Credit Enters GOP Mix of Obamacare Alternatives

Republican leaders in the US House of Representatives will release a conference-wide plan to repeal and replace Obamacare by mid-July, Majority Leader Kevin McCarthy’s (R-CA) office told Health Care News days after Rep. Pete Sessions (R-TX) and Sen. Bill Cassidy (R-LA) introduced House Resolution 5284, titled the World’s Greatest Healthcare Plan Act of 2016. HR 5284, introduced on May 19, would establish a universal health insurance tax credit (UHITC) and other free-market health care policy...

‘Reference Pricing’ Reduces Health Care Spending in California

The California Public Employees’ Retirement System (CalPERS), one of the country’s largest purchasers of employee health coverage, is reducing health care spending through a “reference pricing” policy that encourages beneficiaries to shop for the best provider prices. For certain health care procedures, CalPERS will reimburse its 1.6 million beneficiaries in full for amounts less than or equal to a guideline CalPERS sets, known as a reference price. Beneficiaries pay the remainder, creating an...

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