About Affordability
Health care is a basic human need, one that Californians rely on to live, grow, and prosper. Unfortunately, the cost of care has become too high for many working families. For years, California’s hospitals have made headway toward controlling costs. To ensure care for every Californian, the entire health care field must tighten its belt — insurance companies, physicians, labor unions, hospitals, pharmaceutical companies, and more.
Improving affordability is a priority for California hospitals — but with nearly two-thirds of health care spending occurring outside of hospitals, solving this challenge will take a combined effort from the entire health care system. To move toward our shared goals of affordable, equitable, and high-quality health care, hospitals work closely with the Office of Health Care Affordability.
Key Messages: Understand Health Care Costs and OHCA’s Role in Shaping Health Care Delivery
California hospitals are among the most cost-efficient in the nation, despite factors outside their control.
Hospital Finance Week: Spotlight: California’s New Office of Health Care Affordability
This session will review the Office of Health Care Affordability (OHCA) authorizing statute and the specific requirements of the Office, including: Increasing transparency on cost and quality Developing cost targets for the health care field Enforcing compliance through financial penalties Monitoring market transactions that may adversely affect market competition, prices, quality, access, and the total […]