Post Content

Division of Health Care Finance and Policy Acting Commissioner Seena Perumal Carrington

 

Last week, DHCFP began collection of total medical expenses data.  This week, we prepare for our second major data collection effort under Chapter 288: relative prices.    

Relative price can be a deceptively complex measure.  Relative prices compare how much a carrier would pay each provider for a standard mix of services across a standard mix of insurance products relative to other, similar providers in a carrier’s network.  However, because these are relative prices, they are expressed as ratios within each carrier’s network.  DHCFP finalized its relative price regulation this past Friday, after months of collaboration and discussion with carriers and other stakeholders.  In June, DHCFP will be collecting relative price data for nine distinct provider groups, including hospitals, physician groups, community health centers, and skilled nursing facilities, among others.

In order to ensure the smooth processing of relative price data, DHCFP will be hosting a technical workshop at 1 p.m. on Thursday, April 7.  During the workshop, DHCFP will review the data specifications for the relative price submission and address any outstanding carrier questions and concerns.  Input from this session will allow us to better refine our data specifications and ensure that the highest quality data is received in June.

We would like to thank carriers for their continued assistance and partnership with respect to total medical expenses and relative prices.  Both of these measures will provide valuable information regarding health care costs and variation in provider payment levels in the Commonwealth and are important tools for transparency.

 

 

Written By:

Recent Posts

Weekly Flu Report, December 9, 2016 posted on Dec 9

The latest weekly flu report indicates that rates of flu-like illness dropped slightly over the past seven days in Massachusetts. But flu season in New England doesn’t peak until well after the New Year, so there is still plenty of reason to get a flu shot if   …Continue Reading Weekly Flu Report, December 9, 2016

It’s Not Too Late to Get a Flu Vaccine! posted on Dec 5

It’s Not Too Late to Get a Flu Vaccine!

As the busy schedule of the holiday season approaches, now is a great time to get a flu vaccine if you have not gotten vaccinated yet. A flu vaccine can protect you and your loved ones. Everyone 6 months of age and older should get   …Continue Reading It’s Not Too Late to Get a Flu Vaccine!

Weekly Flu Report, December 2, 2016 posted on Dec 2

The latest weekly flu report shows that rates of flu-like illness rose slightly in the past seven days in Massachusetts. Still, it’s safe to say that flu season has yet to really kick in – which means there is still time to protect yourself and your family   …Continue Reading Weekly Flu Report, December 2, 2016