Current through 2024 Legislative Session Act Chapter 531
Section 9959 - [Expires Effective 1/1/2027] Temporary pricing measures for calendar year 2025 and 2026(a) Except as provided in subsection (c) of this section, for calendar years 2025 and 2026, a hospital may not charge any payer, purchaser, insurer, or public program an amount that exceeds the greater of 2% or Core CPI plus 1% over rates from the previous year.(b) A hospital may not charge or collect from a patient or any other individual or entity any amount that exceeds the amount permitted to be billed under subsection (a) of this section for any service.(c) This section does not apply to a hospital that serves less than 5% Medicare eligible patients per year or a hospital that derives 45% or more of its revenue from Medicaid or uninsured patients.Added by Laws 2023, ch. 270,s 3, eff. 6/13/2024, exp. 1/1/2027.