Understanding Rhode Island's Affordability Standards

This chapter examines the impact of Rhode Island's 2010 affordability standards on hospital prices and insurance premiums, analyzing their effectiveness in controlling healthcare costs. It discusses the role of the Office of the Health Insurance Commissioner, the nuances of price regulations, and the differences in effects between fully insured and self-funded plans. The findings reveal significant price reductions in hospital spending, while also addressing the complexities of translating these savings into lower premiums for employers and employees.