Massachusetts H1376 limits budget increases for health care oversight agencies to the health care cost growth benchmark.

Massachusetts H1376 amends the operating budgets of health care oversight agencies by setting a cap on their budget increases. Specifically, it prohibits pharmacy benefit managers and surcharge payors from raising their budgets at a rate exceeding the health care cost growth benchmark approved by the health policy commission. This cap applies to acute hospitals, ambulatory surgical centers, non-hospital provider organizations, pharmaceutical manufacturing companies, and pharmacy benefit managers.

Massachusetts H1376 limits budget increases for health care oversight agencies to the health care cost growth benchmark.

Massachusetts H1376 amends the operating budgets of health care oversight agencies by setting a cap on their budget increases. Specifically, it prohibits pharmacy benefit managers and surcharge payors from raising their budgets at a rate exceeding the health care cost growth benchmark approved by the health policy commission. This cap applies to acute hospitals, ambulatory surgical centers, non-hospital provider organizations, pharmaceutical manufacturing companies, and pharmacy benefit managers.