An Act allowing for increased investment in health care providers

This bill amends a section of state law governing hospital service corporations. It allows these corporations to make loans, guarantee loans, or invest in hospitals and other health service providers. The purpose is to improve efficiency, reduce costs, and increase benefits in healthcare delivery for subscribers and patients. This directly affects hospital service corporations and the healthcare providers they work with, by expanding their financial partnership options. The change modifies existing rules to enable these new types of financial support.