Private insurance companies have shown little interest in partnering with states on multi-payer reform initiatives aimed at cutting healthcare expenditures, according to a new analysis.
Alternative pay models stifled by lack of private payer interest
The CMS launched the SIM initiative in 2013 and gave six states $33 million to $45 million each to launch alternative pay models that could bring down costs for Medicare and Medicaid beneficiaries as well as individuals on private plans.
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