An Act to improve healthcare and reduce consumer costs

This bill prohibits new for-profit hospitals, clinics, and health insurance companies from obtaining licenses in Massachusetts. Specifically, it bans new for-profit acute care hospitals (Section 2), for-profit ambulatory surgery clinics (Section 1), and for-profit health insurance companies (Section 3) from operating within the state. The law applies only to new licenses - not existing for-profit facilities - and takes effect 18 months after enactment. It directly affects healthcare providers and insurers seeking to establish new for-profit operations in Massachusetts.