An act relating to reference-based pricing and cost-containment in the State employees’ health plan

This bill requires Vermont's Department of Human Resources to implement reference-based pricing for inpatient and outpatient hospital services (excluding critical access hospitals) in the state employees' health plan starting in 2026. It limits annual premium growth for the plan to no more than medical inflation in the Northeast region and allows school employers to join the plan to cover their employees. The policy directly affects current state employees, school employees whose employers participate, and the state government as the health plan administrator. The Department must report annually on the program's cost impact to the legislature.