2003 Session

Budget Amendments - HB1400 (Committee Approved)

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Restore Inflation Adj. for Medicaid HMOs

Item 325 #14h

Item 325 #14h

First Year - FY2003 Second Year - FY2004
Health And Human Resources
Medical Assistance Services, Department of FY2003 $0 FY2004 $17,066,273 GF
FY2003 $0 FY2004 $17,155,249 NGF

Page 310, line 52, strike "$3,463,427,364" and insert "$3,497,648,886".
Page 327, after line 3, insert:
"UUU.  Out of this appropriation, $17,066,273 from the general fund and $17,155,249 from nongeneral funds the second year shall be provided to managed care organizations for fiscal year 2004 inflation adjustments.  The inflation adjustment provided to managed care organizations on July 1, 2003, shall be calculated in a manner to ensure that the increase in payments does not exceed the funding provided in this amendment."

(This amendment restores 50 percent of the funding to managed care organizations for an inflation adjustment in fiscal year 2004, which was reduced in House Bill 1400, as introduced. The Medicaid forecast had assumed payments to these organizations would grow about 10 percent in fiscal year 2004. This amendment provides an inflation adjustment of approximately five percent.)