The bill, known as General Assembly Raised Bill No. 6836, proposes the implementation of a global budget payment methodology for licensed acute care hospitals in Connecticut, effective October 1, 2025. This methodology is part of the state's adoption of the "States Advancing All-Payer Health Equity Approaches and Development" federal innovation model, which is overseen by the Centers for Medicare and Medicaid Services. Starting January 1, 2027, participating hospitals, including children's hospitals, will be able to opt into this global payment system, which will replace the traditional fee-for-service payment model currently established under sections 17b-239 and 17b-239d of the general statutes.

The bill aims to enhance health equity and streamline payment processes within the healthcare system. It introduces new legal language to facilitate this transition while removing outdated references to the fee-for-service model. The overarching goal is to improve the efficiency and effectiveness of healthcare delivery in Connecticut by aligning with federal initiatives that promote equitable health outcomes.