Section 50 Hospital Assessment 7

Subsection (a) of section 67 of said chapter 118E, as so appearing, is hereby amended by striking out the first sentence and inserting in place thereof the following sentence:-

Subject to all required federal approvals, including any required waivers under 42 CFR § 433.68, an acute hospital's liability to the fund shall equal the product of: (i) the ratio of its assessed charges to all acute hospitals' assessed charges; and (ii) the total acute hospital assessment amount, provided that for an acute hospital where such hospital either independently or as part of a hospital system has assessed charges exceeding a threshold specified by the office in regulation, or such other reasonable factor deemed appropriate by the secretary of health and human services, such ratio may be based on a lesser percentage of its assessed charges specified by the office in regulation.

This section, along with fifteen others, increases the existing hospital assessment by $100 million in Health Safety Net fiscal year 2022 and maintains an increased and restructured hospital assessment after Health Safety Net fiscal year 2022.