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2016 Session

Budget Amendments - SB30 (Committee Approved)

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Capture Hospital Rebasing Savings from FAMIS Program

Item 305 #1s

Item 305 #1s

First Year - FY2017 Second Year - FY2018
Health and Human Resources
Department of Medical Assistance Services FY2017 ($117,750) FY2018 ($133,925) GF
FY2017 ($863,504) FY2018 ($982,118) NGF

Language
Page 249, line 40, strike "$142,400,920" and insert "$141,419,666".
Page 249, line 40, strike "$145,808,053" and insert "$144,692,010".


Explanation

(This amendment reduces funding by $117,750 the first year and $133,925 the second year from the general fund and $863,504 the first year and $982,118 the second year from Medicaid matching funds for the Family Access to Medical Insurance Security (FAMIS) program. Hospital rates are rebased every three years to ensure the prospective rate methodology is based on the most recent cost information. The latest rebasing calculations reflect a rate reduction. The introduced budget reflected savings in the Medicaid program but not the other medical assistance programs that are also impacted.)