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Hospitals Take On Gic Payment Plan |
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MAY 1999 - New Reimbursement Schedule Saves $20 Million - In
response to new cost control measurers put in place by the state's
Group Insurance Commission (GIC), the Massachusetts Hospital
Association has filed legislation to force the state to negotiate
health care rates with each individual hospital across the state.
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MAY 1999 - Remain Below National Average - As
was expected, the state insurance rates for FY’2000 will increase for
the third consecutive year. The state’s Group Insurance Commission
(GIC) approved the slight rate hike at their March 5 meeting.
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SEPTEMBER 1998 - Officials Feel They Are Off To A Good Start - Officials
with the state’s Group Insurance Commission (GIC) feel they are off to
a “good start” with the implementation of the new market based
reimbursement fee schedule.
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GIC Takes Cost Control Steps |
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JULY 1998 - Members Remain Protected From Balance Billing - In
an effort to gain control over the fast rising cost of health care, the
state’s Group Insurance Commission (GIC) is taking steps to equalize
payments made to health care providers. A new system will be
implemented by which doctors and hospitals will be reimbursed for their
services.
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Pre-Funding Of Retiree Health Benefits Raised |
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JULY 1993 - Concept New To Public Sector - Throughout
the 1980’s, the Legislature spent much time and money addressing the
issue of the state’s unfunded pension liability. By most accounts,
Massachusetts had one of the largest unfunded pension systems. It was
estimated that there was as much as a $13 billion shortfall between the
future cost of pensions and the ability of the state and local pension
funds to pay those costs. There was much at stake for both the fiscal
solvency of the state and local governments and for public pensioners.
Pension funding legislation received broad support by not only
management and labor groups but by fiscally conservative watchdog
groups such as Massachusetts Taxpayers Foundation.
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| Results 126 - 130 of 130 |