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S 2047

An Act to reform the healthcare cost benchmark

194th Legislature (2025-2026) Introduced by Mike Moore

Massachusetts bill S 2047 reforms healthcare cost benchmarks, potentially affecting insurance premiums and provider payments statewide.

Accompanied a study order, see S3130
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Bill Summary · S 2047

Legislative bill overview

S 2047 is a Massachusetts bill sponsored by Mike Moore that proposes reforms to the state's healthcare cost benchmark system. The bill has been referred to the Revenue Committee and is currently scheduled for hearings, indicating it's in the early-to-middle stages of the legislative process.

Why is this important

Healthcare cost benchmarks directly affect how insurance premiums are set, which impacts affordability for consumers and financial sustainability for providers and insurers. Massachusetts has a long history of healthcare cost containment efforts, so changes to benchmark methodology could have significant consequences for the state's healthcare market and residents' out-of-pocket costs.

Potential points of contention

  • Definition and methodology changes – The specific reforms to the benchmark calculation methodology are not detailed in available information, but any changes could shift costs between consumers, insurers, and providers, creating winners and losers
  • Revenue implications – Referral to the Revenue Committee suggests fiscal impact; benchmark reforms may affect state tax revenues or require new funding mechanisms
  • Stakeholder disagreement – Healthcare cost reforms typically face pushback from providers concerned about payment reductions, insurers worried about margin impacts, and consumer advocates with competing interests on premium affordability versus provider sustainability

Compiled from official sources — confirm details with the bill’s official record.

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