An Act addressing unfair business practices in health care
This bill (HD 2119) limits excessive charges by private equity-owned health care providers. It prohibits these providers from charging public or private payers more than 200% of the payer's average contracted rate for services they refused to negotiate for in good faith. The law applies specifically to health care providers owned by private equity firms (as defined in Chapter 6D) and makes violations an unfair business practice under Massachusetts consumer protection law (Chapter 93A). This directly affects private equity health care companies and their payers (like insurance companies or government programs) when negotiations for service contracts break down. The key provision sets a clear, capped payment rate to prevent unexpected financial burdens on payers for uncontracted services.
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Jim O'Day
DDemocratic
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