February 18, 2025 Finance and Revenue Meeting Summary

The Finance and Revenue Committee of the UHPGB met for the eighth time on Feb 18, 2025.  

                   Summary by Sandra Coyner, HCAO/HCAO-Action  (SandraCoyner@hcao.org)

The committee is working on revenue sources–how the health plan will be paid for, and in particular what taxes could be recommended-- listing and discussing a smorgasbord of possible taxing tools..  At this meeting the committee mostly reviewed the recommendations of the Task force and the RAND report, with a sketch of how some other jurisdictions use taxes.  (Committee is now about at the place where the Task Force left off with regard to taxes.)  

• Discussion will now need to go forward for the GB to make its own decisions, mentioning a number of topics the Committee will need to address, including naming the “tax” a “premium,”  need for reserves, design issues for various taxes, how to resolve inevitable conflicts among principles and values.