Establishes the Massachusetts Merged Market Advisory Council to assess the current status of the merged market.
The bill establishes the Massachusetts Merged Market Advisory Council to assess the current status of the merged market for insured health coverage. The Council will consider various factors, including market stability, cost drivers, cross-subsidization, and emerging coverage options. It will also explore strategies to improve affordability and market functioning, such as seeking federal waivers or establishing a reinsurance program. The Council will submit a final report with recommendations to the Governor by December 31, 2026.
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