Proposed Bill No. 390 aims to amend title 17b of the general statutes to establish Medicaid and Medicare rate reimbursement parity. The bill proposes to increase Medicaid reimbursement rates to match up to 100% of the corresponding Medicare rates for various covered services, including those provided by healthcare professionals, hospitals, and pharmacies. Additionally, it mandates annual adjustments to these rates based on inflation as measured by the consumer price index. The bill also requires the amendment of the Medicaid state plan as necessary to implement these changes and stipulates that the rates be reviewed at least every four years, with findings submitted to the relevant legislative committees.

The bill emphasizes the importance of regular reviews of reimbursement rates, allowing for adjustments based on state or federal law requirements or as determined by the Department of Social Services or the legislature. This legislative effort seeks to ensure that Medicaid reimbursement rates are equitable and reflective of the costs associated with providing healthcare services, thereby improving access to care for Medicaid recipients.