DMHC Revives Solvency Board To Review Effects of Health Reform Law
California's Department of Managed Health Care has revived its Financial Solvency Standards Board to review how national health reform legislation will affect the state, Payers & Providers reports.
The board was originally formed in 1999 to develop solvency standards for the state's risk-bearing medical groups, following the collapse of two larger entities, HealthPartners and KPC. The group has not met since 2006.
In its new incarnation, the board will study concepts in the reform law such as:
- Accountable care organizations;
- Bundled payment systems;
- Health insurance exchanges; and
- Medical home models.
The board also will consider the financial solvency of California's more than 200 medical groups, according to board member and health consultant Grant Cattaneo.Three of the newly revived board's eight members served on the original board (Payers & Providers, 7/15). This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.