Andrew Ryan on State Affordability Standards' Impact on Hospital Prices and Insurance Premiums

In this discussion, Andrew Ryan, a Health Services expert from Brown University, delves into Rhode Island's groundbreaking affordability standards. He highlights how these standards have significantly reduced hospital prices and influenced insurance premiums. Listeners learn about the nuances of the regulatory framework and the impact on both fully insured and self-funded plans. Ryan also addresses the declining hospital revenue and the implications for financial health in the sector. Excitingly, he explores the potential for global budgeting and hospital price caps to further enhance affordability.