SUPPORT: The bipartisan bill will remove government red tape that prevents nonprofit hospital service corporations from using their resources to improve care and lower costs.
SUPPORT: The bipartisan Reorganization and Economic Development Act will remove government red tape that prevents nonprofit hospital service corporations from using their resources to improve care and lower costs. Currently, these nonprofit organizations cannot use their resources to act in the best interests of healthcare consumers without first getting permission from government regulators. They are the only organizations regulated in this manner. Removing this layer of bureaucracy will allow for organizations to invest more resources into increasing access and improving quality, which will generate downward pressure on costs. Actions related to the legislation will be factored into a member’s Affordable Healthcare Grade at the close of the legislative session.
