On January 8, 2025, Governor Healey signed H.5159, An Act enhancing the market review process, into law. This law strengthens the tools and oversight of our state regulators tasked with overseeing the health care industry in Massachusetts. The bill builds on Massachusetts’ long history of bringing transparency to the health care system while responding to a changing health care landscape. It improves the state’s ability to constrain health care cost growth and ensure that high-quality care is both affordable and accessible. The bill strengthens oversight of the major market groups including providers, insurers, pharmaceutical manufacturing companies, pharmacy benefit managers, for-profit entities, private equity firms, real estate investment trusts, and management services organizations. The bill significantly enhances the state’s tools to safeguard the system and put patient needs first. The version of the bill signed into law today by Governor Healey is a compromise of different versions of legislation that were passed in the Senate and House.
Compromise Bill Information
Press Release: Legislature Passes Major Health Care Oversight Legislation, Regulates Private Equity
Fact Sheet: H.5159, An Act enhancing the market review process
Senate Bill Information
Press Release: Senate Passes Friedman-Led Health Care Reform Boosting Safeguards Against For-Profit Entities