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Vermont Abandons Single Payer, for Now
Healthcare Payer News
Dec. 18, 2014
"Three years after Vermont's legislature passed Act 48 creating a roadmap for a state-financed single payer system called Green Mountain Care, Governor Peter Shumlin has abandoned the idea ... A team within the Shumlin Administration had drafted a financing proposal to fund Green Mountain Care, a public healthcare plan envisioned to cover 94 percent of healthcare costs for all Vermonters except those enrolled in Medicaid or Tricare. The proposal called for an 11.5 percent payroll tax on all businesses, as well as a 9.5 percent assessment on individuals earning over 400 percent of the poverty level, with a lower, sliding scale tax for those earning under 400 percent FPL."
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