QUESTION
What is the projected annual cost for the program?
1:20:26
·
59 sec
The deputy commissioner explains the projected annual cost for the program is difficult to predict precisely.
- The reimbursement rates the program is willing to pay will likely be slightly higher.
- However, the program no longer offers an exemption that previously drove up costs significantly.
- The increased reimbursement rates and elimination of the exemption may offset each other.
- The cost per unit is estimated to be around $7,000, similar to previous years.
- The actual costs cannot be known until the program is implemented.
Pierina Ana Sanchez
1:20:26
And you mentioned earlier, but just to say again, what's the projected costs, projected annual costs for the program?
Kim Darga
1:20:32
This is where it gets a little tricky.
1:20:34
We again, we think it's gonna be similar to the past, but there are a couple changes that's somewhat hard to predict.
1:20:43
We hope the CRC schedule will be more tuned to actual cost going forward.
1:20:50
Right?
1:20:50
So that means that the cost we're willing to reimburse will be slightly higher.
1:20:55
At the same time, we are no longer the program does not offer the exemption, and the exemption actually drove a significant amount of the cost in the past.
1:21:04
We think those things probably offset and So the cost, you know, per unit, let's say, is probably on par, which I think that was a little bit over $7000 per unit.
1:21:21
But we don't know exactly until we put it in practice.
