SB 0366 DOSS & nursing care providers negotiate reimbursement rates
Committee:PUBHLR Number:S1261.02T
Last Action:07/12/95 - Signed by Governor
Effective Date:August 28, 1995
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Current Bill Summary

SB 366 - This act would require that the currently used trend factor, which holds nursing home providers harmless against increases in costs, be negotiated between the Department of Social Services and the providers who receive Title XIX per diem reimbursement rate payments. The act specifies that the trend factor to be applied to state funds shall not exceed the Health Care Finance Administration's Market Basket Price Index for that year. The provisions of this act shall apply to fiscal year 1996 and thereafter.