Agreement to Revive
The Pennsylvania Agreement to Revive is a contractual agreement among the Commonwealth of Pennsylvania, the federal government, and entities representing health care providers, insurers, and other stakeholders. The agreement was created in 2003 as a way to address the state's financial crisis. It is designed to provide stability for health care providers and insurers, and to ensure that the Commonwealth of Pennsylvania can provide access to care and coverage for its residents. The Pennsylvania Agreement to Revive is divided into two parts. Part I is the Financial Stability Plan, which was designed to bring financial stability to the Commonwealth of Pennsylvania's health care system. This plan includes provisions for provider relief, increased oversight of health care providers, and incentives for insurers to participate in the health care exchange. Part II is the Health Care Access Plan, which is designed to increase access to care and coverage for Pennsylvania residents. This plan includes provisions for expanding Medicaid coverage, establishing a reinsurance program, expanding the Children's Health Insurance Program (CHIP), and creating a Basic Health Program. There are two types of Pennsylvania Agreement to Revive: the original agreement, which was implemented in 2003, and the revised agreement, which was implemented in 2020. The revised agreement includes additional reforms designed to improve access to care and coverage for the Commonwealth of Pennsylvania's residents.
The Pennsylvania Agreement to Revive is a contractual agreement among the Commonwealth of Pennsylvania, the federal government, and entities representing health care providers, insurers, and other stakeholders. The agreement was created in 2003 as a way to address the state's financial crisis. It is designed to provide stability for health care providers and insurers, and to ensure that the Commonwealth of Pennsylvania can provide access to care and coverage for its residents. The Pennsylvania Agreement to Revive is divided into two parts. Part I is the Financial Stability Plan, which was designed to bring financial stability to the Commonwealth of Pennsylvania's health care system. This plan includes provisions for provider relief, increased oversight of health care providers, and incentives for insurers to participate in the health care exchange. Part II is the Health Care Access Plan, which is designed to increase access to care and coverage for Pennsylvania residents. This plan includes provisions for expanding Medicaid coverage, establishing a reinsurance program, expanding the Children's Health Insurance Program (CHIP), and creating a Basic Health Program. There are two types of Pennsylvania Agreement to Revive: the original agreement, which was implemented in 2003, and the revised agreement, which was implemented in 2020. The revised agreement includes additional reforms designed to improve access to care and coverage for the Commonwealth of Pennsylvania's residents.