Vermont Gov. Signs First In Nation Single-Payer Health System Into Law

Vermont makes history with the nation's first single-payer health care system

It’s official. Gov. Peter Shumlin signed into law the first single-payer health care system in the U.S.

VTDigger.org reports:

The legislation sets up a framework for developing an implementation plan for Green Mountain Care, a universal, unified health care system. The bill creates a five-member board that will oversee the development of a benefits package, a reimbursement system for doctors and hospitals, and a financing system to support the universal health care plan. The law also contains provisions for Vermont’s federal insurance exchanges…

The governor spelled out a vision in which health insurance coverage would be decoupled from employment and the financial burden now borne by employers would be lifted; in which providers who are having difficulty surviving in the current system are compensated fairly; and in which uninsured and underinsured Vermonters will have access to health care. The bill lays out a timeline for the implementation of the complicated plan over a three-year period. Though the Shumlin administration hopes to launch Green Mountain Care in 2014, it could be 2017 before the system is in place because of certain federal requirements.