If Congress slashes funding for Medicaid, states that expanded coverage could have to find $44.3 billion in state budget cuts or new revenue to fund the program next year — hiking state spending by about 25.6% on average, warns a new report from the Urban Institute and Robert Wood Johnson Foundation. States could cover the shortfall by limiting Medicaid eligibility or reducing provider reimbursement rates, according to the report. However, some may choose to eliminate their expansion programs entirely.
Read the full article: Federal Medicaid Cuts Could Shift $44.3B in Costs to Expansion States //
Source: https://www.healthcaredive.com/news/federal-medicaid-cuts-shift-costs-expansion-states/740966