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Another state seems to be trying to pursue something sort of like the Massachusetts model, not long after the last one, New Jersey, set off down the path a few weeks ago (NJ hospitals, insurers join state effort to curb rising health care costs). Nevada's governor is setting statewide targets for growth in health spending costs for the next several years.
But like New Jersey, Nevada doesn't seem to be setting up the infrastructure--including a legislative mandate--to actually enable the state to meet its goal. New Jersey at least had apparent buy-in from key stakeholders like hospitals and insurers. It's not clear if Nevada has that.
But setting a goal is at least a start.
Sisolak issues executive order to put limits on growing health care costs
But like New Jersey, Nevada doesn't seem to be setting up the infrastructure--including a legislative mandate--to actually enable the state to meet its goal. New Jersey at least had apparent buy-in from key stakeholders like hospitals and insurers. It's not clear if Nevada has that.
But setting a goal is at least a start.
Sisolak issues executive order to put limits on growing health care costs
In a move meant to keep health care costs from growing faster than wages, Nevada Gov. Steve Sisolak signed an executive order on Wednesday in Carson City.
The executive order sets a benchmark — 3.19% — for how much the cost of health care services can grow in 2022. . .
A number of state agencies have been tasked with working together to monitor costs to consumers and see that insurers and health care providers meet the goal.