SF0038

Official summary

Bill Summary - 20LSO-0298 Bill No.: SF0038 Effective: Immediately LSO No.: 20LSO-0298 Enrolled Act No.: 10 Chapter No.: 47 Prime Sponsor: Joint Labor, Health & Social Services Interim Committee Catch Title: Health insurance costs-bundled payment study. Subject: Controlling health insurance costs. Summary/Major Elements: The act requires the Department of Administration and Information (A&I) to study and make recommendations for bundled payments to health care providers under the State Employees' and Officials' Group Health Insurance Plan ("Plan"). Making bundled payments means making one (1) payment to cover a course of treatment for a particular disease or health problem, rather than making individual payments for each treatment or service provided to a patient. Under the bill, A&I must study the potential benefits and cost savings associated with making bundled payments to health care providers who provide services that are reimbursed by the Plan. The bill requires A&I to report its findings to the Joint Labor, Health and Social Services Interim Committee by August 31, 2021. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.