*VALUING YOUR MEDICAL PRACTICE For Sale* | Poll: Selling Your Practice and Retiring — Where/To what type of entity are you planning to sell or getting offers from?
Michigan Gov. Rick Snyder has put his signature on S.B. 1033 (Public Act 522 of 2014), making the Wolverine State the seventh in the US to pass legislation to ensure that direct primary care practices are not treated as insurance products by state regulators. Sen. Pat Colbeck, R-Canton, author of the law says the bill clears a path for “Michigan citizens gain access to higher quality, lower cost health care.” (READ FULL STORY …)
States with DPC Laws:
By DPCare.org | Current as of January 22, 2015
- Washington – 48-150 RCW
- Utah – UT 31A-4-106.5
- Oregon – ORS 735.500
- West Virginia- WV-16-2J-1
- Arizona – S.B. 1404
- Louisiana – S.B. 516
- Michigan – S.B. 1033
Michigan follows Louisiana, which passed S.B. 516 in August of 2014. Federal regulations promulgated to establish health care exchanges as a part of the Affordable Care Act similarly defines DPC Medical Homes as “Not Insurance.” Several other states have filed bills or are about to. State Rep. Keith Frederick, DO has introduced H.B. 261 in the Missouri House. A bill has been introduced in the Idaho Senate and bills are expected shortly in Oklahoma and New Hampshire. Stay tuned for more news on DPC legislation in the states.