Larry Hogan on Health CareRepublican Maryland Governor | |
The Maryland Model is an innovative approach to healthcare provider payment that is unique to Maryland and made possible via a contract between the state and the federal Centers for Medicare and Medicaid Services (CMS). The new model contract is expected to provide an additional $300 million in savings per year by 2023, totaling $1 billion in savings over five years.
Said Gov. Hogan, "Today, we are taking another major step forward in our efforts to ensure that every Marylander has access to quality healthcare. It is my hope that these actions will be an example to the nation that when both sides of the aisle and all levels of government come together to develop innovative solutions, we can make real progress toward addressing our healthcare challenges and making care more accessible and more affordable."