This bill mandates the Department of Health and Human Services to establish a standard reimbursement rate for service providers participating in the aged and disabled personal care services waiver. The reimbursement rate must align with the findings of a rate study report conducted by CBIZ Optumas, dated December 7, 2022. Additionally, the bill stipulates that this rate should be reviewed and adjusted at least once every two years to ensure it remains current and effective.

By implementing these provisions, the bill aims to enhance the financial stability of service providers, ensuring they receive fair compensation for their services. This is expected to improve the quality of care for aged and disabled individuals who rely on these essential services.