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What NJ's Health Care Cost Growth Benchmark Program Means for ...


1 New Jersey Health Care Cost Growth Benchmark Program FAQs ...

Health care spending is defined as “total health care expenditures,” which includes claims and non-claims-based payments made by carriers or payers on behalf of ...

New Jersey Health Care Cost Growth Benchmark Program | Rutgers

The program establishes targets aimed at slowing the rate of health care cost growth within the state and provides for data collection to track progress.

Governor Murphy Launches New Jersey Health Care Cost ... - NJ.gov

“The health care cost growth benchmark program will promote increased transparency and accountability for health care spending, and slow the ...

Support for the NJ Health Care Cost Growth Benchmark Program

The program supports state-led activities that engage cross-sector stakeholders in designing, adopting, and implementing policies to measure health care costs ...

What NJ's Health Care Cost Growth Benchmark Program Means for ...

The Department of Banking & Insurance is spearheading plans for the development and implementation of the Health Care Cost Growth Benchmark ...

NJ HART Program Cost Growth Benchmark Report

To improve health care affordability for New Jerseyans, Governor Phil Murphy signed Executive Order 277 in December 2021, launching the state's health care ...

Cost-Growth Benchmarks Can Make Health Care More Affordable ...

Cost growth benchmark programs have been shown to be very effective at lowering health care spending, especially in the commercial market.

Healthcare costs in N.J. are among the nation's highest. What's the ...

“New Jersey's rate of health care spending growth is unsustainable, placing a heavy burden on the state, its employers, and its residents,” the ...

New Jersey State Action

The program would collect and analyze data on insurance, hospital, provider and pharmaceutical costs, set the target rate of growth for health care spending, ...

Cost Growth Benchmark Overview and Discussion

Why pursue health care cost growth reduction? Page 5. The burden of health care costs are high for New Jersey families and are outpacing ...

Implement a Health Care Cost Growth Target | Commonwealth Fund

Establish authority for the program. States have used executive orders or legislation to establish their cost growth targets. Executive orders can enable a.

New Jersey governor creates program to reduce healthcare costs

New Jersey Gov. Phil Murphy signed an executive order Dec. 21 that launches the New Jersey Health Care Cost Growth Benchmark Program, ...

State Introduces Benchmark Program to Curtail Healthcare Costs

With the goal of curtailing the large annual rise in healthcare costs that have been plaguing residents, businesses and the state for ...

How Eight States Address Cost Growth

State-Level Health Cost Growth Programs, State Economic Growth, and Health Cost ... States have defined a health care cost growth target that brings health care ...

Cost Growth Targets - Center For Evidence-Based Policy

Cost-growth target models, also referred to as benchmarking models, are cost-contain- ment strategies that seek to limit how much health care spending can ...

These high-profile New Jerseyans just vowed to lower health care ...

The goal of the New Jersey Health Care Cost Growth Benchmark Program is to bring that percentage down to 3.5% by 2023; 3.2% by 2024; 3% by ...

How States Use Cost-Growth Benchmark Programs to Contain ...

A cost-growth benchmark program is a cost-containment strategy that limits how much a state's health care spending can grow each year.

How States Are Holding Payers And Providers Accountable For ...

In 2012, Massachusetts became the first state to enact a health care cost-growth benchmark, which set a target for annual rates of increase for ...

Governor Murphy Makes Health Care Affordability Announcement

Together, we have created a framework for a health care, cost-growth benchmark program. This program will promote increased transparency and ...

Cost growth benchmark and primary care spend target initiatives

OHS thanks Bailit Health and the Peterson-Milbank Program for Sustainable Health. Care Costs for providing technical assistance. OHS thanks the ...