Health Care Cost Growth Target Values

Cost Growth Target Values

StateCost Growth TargetMethodology
Connecticut3.4% for 202180/20 blend of forecasted median wage and PGSP

Add-on factors: +0.5% for CY 2021, +0.3% for CY2022, +0.0% for CY 2023-2025
3.2% for 2022
2.9% for 2023-2025
Delaware3.8% for 2019PGSP

Add-on factors: +0.25% for 2021, +0.0% for CY2022-2023
3.5% for 2020
3.25% for 2021
3.0% for 2022-2023
Massachusetts3.6% for 2013-20172018-2022: PGSP (3.6% in 2018) minus 0.5
2023 and beyond: default rate of PGSP*
3.1% for 2018-2022
3.6% for 2023*
Nevada3.19% for 2022
Changing blend of forecasted median wage and PGSP, with increasing weight on forecasted median wage over time.
2.98% for 2023
2.78% for 2024
2.58% for 2025
2.37% for 2026
New Jersey3.5% for 2023
75/25 blend of median projected household income and PGSP

Add-on factors: +0.3% for 2023, +0.0% for 2024, -0.2% for 2025, -0.4% for CY2026-2027
3.2% for 2024
3.0% for 2025
2.8% for 2026
2.8% for 2027
Oregon3.4% for 2021-2025Non-formulaic consideration of: historical GSP; historical median wage; CMS waiver & legislative growth caps applied to the state’s Medicaid and publicly purchased programs
3.0% for 2026-2030
Rhode Island
3.2% for 2019-2022​
PGSP
Washington3.2% for 2022-202370/30 blend of historical median wage and PGSP, with a downward adjustment starting in 2024
3.0% for 2024-2025
2.8% for 2026

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