Rhode Island S3091 amends health insurance oversight to include uncompensated care as an adjustment in hospital contract rates.

Rhode Island S3091 amends the Rhode Island Health Care Reform Act of 2004 to charge the office of the health insurance commissioner with incorporating uncompensated care as a formula-driven numeric adjustment in the methodology used to establish any affordability standard or rate cap, applicable to hospital contracts. This adjustment, effective January 1, 2027, will be calculated separately from any base rate cap and applied uniformly after the base rate cap or benchmark is determined.

Rhode Island S3091 amends health insurance oversight to include uncompensated care as an adjustment in hospital contract rates.

Rhode Island S3091 amends the Rhode Island Health Care Reform Act of 2004 to charge the office of the health insurance commissioner with incorporating uncompensated care as a formula-driven numeric adjustment in the methodology used to establish any affordability standard or rate cap, applicable to hospital contracts. This adjustment, effective January 1, 2027, will be calculated separately from any base rate cap and applied uniformly after the base rate cap or benchmark is determined.