Washington State Health Care Cost Benchmark

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Health Care Cost Transparency Board - Washington State …

(6 days ago) WEBSetting a health care cost growth benchmark for health care providers and payers. Reporting annually to the Legislature on benchmark performance and cost drivers. The board made significant progress in its work since the initial legislative report, including: …

https://www.hca.wa.gov/assets/program/hcctb-annual-report-2022.pdf

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Health Care Cost Transparency Board - dev.hca.wa.gov

(1 days ago) WEBList of potential providers for health care cost growth benchmark measurement ..7 . Agenda . TAB 1 . P.O. Box 45502 • Olympia, Washington 98504 -5502 • www.hca.wa.gov • [email protected] and not the state or market level. HB 2457 requires Washington’s benchmark to consider health status, utilization, intensity of …

https://www.dev.hca.wa.gov/assets/program/hcctb-board-book-20211215.pdf

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Governor Jay Inslee Washington State

(2 days ago) WEBThe chief executive officer of the health benefit exchange, or the chief executive officer's designee. 5. Wilmes, Carol. 01/27/2021. 12/14/2024. One member representing local governments that purchase health care for their employees. 6. Cody, Eileen. 01/23/2023.

https://governor.wa.gov/boards-commissions/board-commission-profiles/Health%20Care%20Cost%20Transparency%20Board

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Health Care Cost Transparency - WSMA

(1 days ago) WEBAt the September 2021 meeting, the Board voted to set the following total cost of healthcare benchmark: 2022-2023: 3.2%. 2024-2025: 3.0%. 2026: 2.8%. The board is currently considering mechanisms that would trigger a review of the benchmark.

https://wsma.org/WSMA/Advocacy/health_care_cost_transparency/WSMA/Advocacy/health_care_cost_transparency/health_care_cost_transparency.aspx?hkey=a9ff53b5-1080-43e7-9b48-1fec039ce9c6

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Health Care Cost Transparency Board taking steps toward making …

(4 days ago) WEBFor more information on Washington’s health care cost benchmark, visit the Health Care Cost Transparency Board page. About the Health Care Authority (HCA) The Washington State Health Care Authority (HCA) is committed to whole-person care, integrating physical health and behavioral health services for better results and healthier …

https://content.govdelivery.com/accounts/WAHCA/bulletins/310cd9e

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Washington State Health Care Cost Transparency Board Formation

(3 days ago) WEBDue to WSHA’s advocacy, when determining the Benchmark, the Board will include and consider the cost drivers of health care. Applicability/Scope. Eventually, the health care cost growth of all health care providers and payers will be compared to the state Benchmark. The law establishing the Board was effective June 11, 2021.

https://www.wsha.org/articles/washington-state-health-care-cost-transparency-board-formation/

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Willis Towers Watson High Performance Insights in Health Care

(9 days ago) WEBMedical Cost Benchmarks Washington State Program Efficiency 9 Adjusted Washington Benchmark Adjustment Factors Age/ Gender Family Size Geography Plan Value 12% More Efficient Total Adjustment: +23% (+$2,792) 5% 7% 0% 9% Washington State Health Care Authority —PEBB Unadjusted Washington Benchmark

https://leg.wa.gov/osa/additionalservices/Documents/2021HealthCareFinancialBenchmarks-WashingtonStateHealthCareAuthority-PEBB.pdf

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Willis Towers Watson High Performance Insights in Health …

(9 days ago) WEBMedical Cost Benchmarks Washington State Program Efficiency. Your total program is 11% more efficient than the average Washington State database performance. This translates into a current savings of approximately $197 million. 9. Washington State Health Care Authority - SEBB Unadjusted Washington Benchmark. https://wtwonline.sharepoint.com

https://leg.wa.gov/osa/additionalservices/Documents/2021HealthCareFinancialBenchmarks-WashingtonStateHealthCareAuthority-SEBB.pdf

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Health Care Cost Transparency Board - apps.leg.wa.gov

(1 days ago) WEBThe Board was established by House Bill 2457 in 2020 under the Health Care Authority (HCA). The Board is responsible for the analysis of total health care expenditures in Washington state, identifying trends in health care cost growth, and establishing a health care cost growth benchmark.

https://apps.leg.wa.gov/ReportsToTheLegislature/Home/GetPDF?fileName=HCCTB%20Cascade%20Select%20Public%20Option%20Report_cc9df888-ee2a-4d92-9dfd-6030a5f2b9ea.pdf

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How States Use Cost-Growth Benchmark Programs to Contain …

(7 days ago) WEBby Adney Rakotoniaina. Updated January 18, 2023. A cost-growth benchmark program is a cost-containment strategy that limits how much a state’s health care spending can grow each year. Massachusetts established the first program in 2012, and a growing number of states are now using the strategy to contain costs for patients, …

https://nashp.org/state-tracker/how-states-use-cost-growth-benchmark-programs-to-contain-health-care-costs/

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Frequently asked questions (FAQ) - Washington State Health …

(1 days ago) WEBThe board will compare the annual rate of growth of total health care spending in Washington State against this benchmark: • Make health care costs more transparent to the public and policymakers. • Encourage carriers and providers to keep costs at or below the benchmark. • Reduce the overall trend of health care cost growth in Washington

https://www.hca.wa.gov/assets/program/hcctb-faq.pdf

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Controlling Health Care Costs in Washington - Economic …

(5 days ago) WEBMassachusetts’ groundbreaking 2012 health care cost control law was the first in the nation to set a statewide spending growth benchmark, and several other states have followed suit, including Washington State. While health care spending growth fell in Massachusetts during the first few years following the passage of the law, total health

https://www.opportunityinstitute.org/research/post/controlling-health-care-costs-in-washington/

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Washington’s Health Care Cost Growth Benchmark Program

(8 days ago) WEBBenchmark, and reduce the overall trend of health care cost growth in Washington State. Every year, the Board will set a benchmark for the annual rate of growth of health care expenditures on a per capital level (i.e., total health care expenditures (THCE), total medical expense (TME)).

https://www.hca.wa.gov/assets/program/benchmark-data-call-manual.pdf

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Stakeholders debate Washington healthcare cost - State of Reform

(4 days ago) WEBThe transparency board was established when HB 2457 was signed into law in 2020, with the purpose of reducing healthcare cost growth and increasing price transparency. “That work is underway, and there’s been a lot of great progress,” Macri said. “The board recently set its first cost growth benchmark. This bill seeks to take the next

https://stateofreform.com/news/2023/03/stakeholders-debate-washington-healthcare-cost-transparency-bill/

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