Directs the Department of Health and Human Services to submit a report to the Joint Legislative Oversight Committee for Medicaid and NC Health Choice and the Fiscal Research Division no later than October 1, 2016, containing the following: (1) the status of the 1115 waiver submission to the Centers for Medicare and Medicaid Services (CMS) and any other submissions relating to the transition of Medicaid and Health Choice from fee for service to capitation, with responses from CMS and strategies to ensure approval of a waiver for Medicaid transformation, (2) a detailed Work Plan for the implementation of the transformation of Medicaid and Health Choice programs, (3) a detailed description of any developments or changes during the planning process to enable the General Assembly to address any barriers to successful implementation of the Medicaid and NC Health Choice transformation.