The proposed Bill No. 390 aims to amend title 17b of the general statutes to establish Medicaid and Medicare rate reimbursement parity. Key provisions of the bill include increasing Medicaid reimbursement rates to match up to 100% of the corresponding Medicare rates for various covered services, such as those provided by healthcare professionals, hospitals, and pharmacies. Additionally, the bill mandates annual adjustments to these rates based on inflation as measured by the consumer price index, and it requires the Department of Social Services to review these rates at least every four years. The department is also tasked with submitting findings from these reviews to the relevant joint standing committees of the General Assembly.

The bill emphasizes the importance of maintaining equitable reimbursement rates for healthcare services, thereby ensuring that Medicaid providers are compensated fairly in line with Medicare rates. This legislative effort reflects a commitment to improving access to healthcare services for Medicaid recipients by addressing disparities in reimbursement rates.