Close Menu
Buzz NewsBuzz News
    Facebook X (Twitter) Instagram
    Trending
    • Jamie Dimon-led JPMorgan issues stern warning! Job hopping analysts to be fired; ‘if you accept a position with..’
    • Myntra goes global: Online retailer launches first international platform in Singapore; targets Indian diaspora
    • Market valuation: Mcap of 9 of 10 most valued firms jumps Rs 1 lakh crore; Reliance leads the way
    • ‘Not a good indicator, what counts is…’: India overtaking Japan to be 4th largest economy no reason to be smug; WEF ex-MD serves reality check
    • RBI repo reduction effect: Bank of Baroda cuts lending rate to 8.15%; Cheaper loans for homes and cars
    • Foreign investment: India’s FDI hits 3-year high; Maharashtra leads with $19.6 billion
    • ‘Unfairly low prices’: India slaps anti-dumping duty on China & Japan for two substances; says harming local producers
    • Stock market next week: Global trends, inflation data, and FII flow to drive market sentiments: Analysts
    • OPEC+ giants ramp up additional oil to India; market share nears 78%; supplied 375,000 bpd to India in May
    • Rs 4.58 crore siphoned off from customer accounts, FDs! How former ICICI Bank relationship manager pulled off a stunning fraud – explained in 10 points
    Buzz NewsBuzz News
    Sunday, June 8
    • Home
    • Cryptocurrency
    • Investment Tips
    • Finance
    • Home Insurance
    • Market News
    • Life Insurance
    Buzz NewsBuzz News
    Home»Health Insurance»Green Mountain Care Board holds meetings on the state of Vermont’s healthcare system
    Health Insurance

    Green Mountain Care Board holds meetings on the state of Vermont’s healthcare system

    BuzzNewsBy BuzzNewsAugust 7, 2024No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Green Mountain Care Board holds meetings on the state of Vermont’s healthcare system
    Share
    Facebook Twitter LinkedIn Pinterest Email Telegram WhatsApp Copy Link

    The Green Mountain Care Board oversees Vermont’s medical facilities. It has been holding community meetings in the state’s 14 hospital regions to provide information and get feedback on transforming Vermont’s health care system.

    In 2022, the Vermont Legislature passed Act 167 mandating reform of the state’s health care system. The Green Mountain Care Board has been holding community meetings to get input and hired a consultant to draft a transformation plan.

    Board Chair Owen Foster told those attending a recent virtual meeting that rural hospitals, including those in Vermont, are in crisis.

    “Some of Vermont’s independent providers cannot afford to practice in Vermont. In 2023, nine of 14 hospitals in Vermont were in the red with negative operating margins, which is especially troubling because the prior year, the Care Board approved hospital change-in-charge increases of over 10 percent in an effort to keep hospitals afloat. It did not work and it will not work,” Foster said. “Rural hospitals nationwide are losing money and in response they cut services and they are closing at an alarming rate which thrust communities they serve into a crisis. We do not want to see that chaos happen to any community in Vermont. To turn things around we will need to be proactive and bold.”

    The state legislature also required the Green Mountain Care Board to retain a third-party independent expert to develop recommendations for hospital transformation. Oliver Wyman’s Health and Life Sciences Practice Partner and Chief Medical Officer Dr. Bruce Hamory is a health systems design expert. He told attendees that health care in Vermont is too expensive and the system is in disarray.

    “There are difficulties in getting timely appointments to doctors and for surgery. Trying to find a primary care physician can take over a year. Transportation is an issue, both for people needing to get to urgently needed care and those needing to get home. Ambulance services in rural areas may be delayed,” noted Hamory. “Equitable access in healthcare services is an issue for many in Vermont. On the affordability front, there have been major increases in both health insurance premiums and in out-of-pocket expenses, making use of health care out of financial reach even for many with good Insurance.”

    Vermont Agency of Human Services Director of Health Care Reform Brendan Krause noted this is the first phase of a process to reform the state’s health care system.

    “We’re going to be beginning a process after the conclusion of this first phase of work to collaborate both with the hospitals and with the Green Mountain Care Board and others, to take some of the recommendations that have been made for the various hospitals and for the statewide recommendations, to analyze them in greater depth so we understand the impact in terms of cost and access that they would have in the individual communities, and then begin to prioritize those potential interventions and reforms and transitions, so that we can start to put together a plan in concert with the communities and with the hospitals, in order to make some of those needed changes to improve the stability and quality and outcomes of the healthcare systems,” Krause said.

    Many of those who provided input were lawmakers, as well as health care advocates and workers. Former hospital and nursing home social worker Mary-Alice Bisbee said while many problems and solutions had been discussed, one key potential reform was not mentioned.

    “I haven’t heard the words single payer being used. Universal health care. There are hundreds and thousands of Vermonters and people all across this country that are working for that big change,” Bisbee asserted. “You’ve found out what the problems are, but so many of us know that we need, really need, single payer health care.”

    A final report from the consultants on health care system reform is due to the Green Mountain Care Board in the fall.

    board care Green healthcare Holds meetings Mountain State system Vermonts
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCitizens Property Insurance Seeks Florida Approval for Rate Hike
    Next Article 97% of memecoins may be dead, but the demand is more alive than ever
    BuzzNews
    • Website

    Related Posts

    Deals docked in Oslo: Indian shipbuilders ink pacts for vessels, green tech tie-ups; check key players

    June 5, 2025

    What is EB-5 visa? With Donald Trump administration cracking down on student visas, Indians explore this route for a path to Green Card

    June 1, 2025

    India’s power demand to grow 6-6.5% annually through FY2030, driven by EVs, data centres, green Hydrogen: Icra

    May 28, 2025

    Leave A Reply Cancel Reply

    Recent Posts

    Jamie Dimon-led JPMorgan issues stern warning! Job hopping analysts to be fired; ‘if you accept a position with..’

    June 8, 2025

    Myntra goes global: Online retailer launches first international platform in Singapore; targets Indian diaspora

    June 8, 2025

    Market valuation: Mcap of 9 of 10 most valued firms jumps Rs 1 lakh crore; Reliance leads the way

    June 8, 2025

    ‘Not a good indicator, what counts is…’: India overtaking Japan to be 4th largest economy no reason to be smug; WEF ex-MD serves reality check

    June 8, 2025

    RBI repo reduction effect: Bank of Baroda cuts lending rate to 8.15%; Cheaper loans for homes and cars

    June 8, 2025
    Our Picks

    Bitcoin Remains Above $60,000, Bittensor Becomes Top Gainer

    August 23, 2024

    Prospects For Cryptocurrency Development In South Asia

    August 23, 2024

    Trump announces The DeFiant Ones, a new cryptocurrency platform

    August 23, 2024

    Hackers use McDonald’s Instagram account to steal $700,000 in cryptocurrency scam

    August 22, 2024
    About

    Welcome to BuzzNews, your go-to source for the latest in insurance and finance news. Our mission is to provide you with accurate, timely, and insightful information to help you make informed decisions. From life insurance to personal finance, market news to investment tips, we cover a wide range of topics to keep you updated and knowledgeable.

    Popular Posts

    Jamie Dimon-led JPMorgan issues stern warning! Job hopping analysts to be fired; ‘if you accept a position with..’

    June 8, 2025

    Myntra goes global: Online retailer launches first international platform in Singapore; targets Indian diaspora

    June 8, 2025

    Market valuation: Mcap of 9 of 10 most valued firms jumps Rs 1 lakh crore; Reliance leads the way

    June 8, 2025
    OUR CATEGOIRES
    • Cryptocurrency
    • Finance
    • Health Insurance
    • Home Insurance
    • Investment Tips
    • Life Insurance
    • Market News
    Copyright © 2024. BuzzNews. All Rights Reserved.
    • Sitemap
    • DMCA
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us

    Type above and press Enter to search. Press Esc to cancel.