In an effort to stem the rising cost of healthcare, Delaware lawmakers recently passed a healthcare bill that puts caps on hospital price growth and compels insurers to boost investment in primary care.
As Healthcare Dive writes, the multi-pronged bill also forces certain payers to tie nearly half of their business to alternative payment models by 2023, and create shared accountability for both the cost and quality of care. Essentially, it forces payers and providers to enter into these arrangements faster, hoping to pay for quality rather than quantity of care.
Modeled after similar reforms in Rhode Island, the legislation passed both chambers and is now awaiting the signature of Gov. John Carney, a Democrat. However, providers were successful in lobbying for a sunset provision that will require legislators to renew certain aspects of the bill before Jan. 1, 2027, including the rate caps.