Health Care Cost Growth Target Values

Cost Growth Target Values

State	Cost Growth Target	Methodology
Connecticut	3.4% for 2021	80/20 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
Delaware	3.8% for 2019	PGSP 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
Massachusetts	3.6% for 2013-2017	2018-2022: PGSP (3.6% in 2018) minus 0.5 2023 and beyond: default rate of PGSP*
	3.1% for 2018-2022
	3.6% for 2023*
Nevada	3.19% 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 Jersey	3.5% 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
Oregon	3.4% for 2021-2025	Non-formulaic consideration of: historical GSP; historical median wage; CMS waiver & legislative growth caps applied to the state’s Medicaid and publicly purchased programs
Oregon	3.0% for 2026-2030
Rhode Island	3.2% for 2019-2022	PGSP
Washington	3.2% for 2022-2023	70/30 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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Health Care Cost Growth Target Values

Sustainable Health Care Costs

Cost Growth Target Values

The Latest

Costenheimer

Health Affairs Article Covers 2021 Health Care Spending Growth in Five States with Cost Growth Targets

Connecticut’s First Cost Growth Benchmark Public Hearing

Minnesota Takes Steps to Open the “Black Box” of Health Care Spending Amid Industry Opposition