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2020 Special Session I

Budget Amendments - SB5015 (Committee Approved)

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Capture Savings from Lower Managed Care Rates

Item 312 #1s

Item 312 #1s

First Year - FY2021 Second Year - FY2022
Health and Human Resources
Department of Medical Assistance Services FY2021 ($3,111,848) FY2022 ($4,210,186) GF
FY2021 ($7,276,560) FY2022 ($7,818,918) NGF

Language
Page 110, line 33, strike "$251,771,102" and insert "$241,382,694".
Page 110, line 32, strike "$270,236,306" and insert "$258,207,202".


Explanation

(This amendment captures savings in the Family Access to Medical Insurance Security (FAMIS) program from lower managed care rates that took effect on July 1, 2020. Rates for the Medallion 4.0 program decreased 5.49 percent for base Medicaid and 5.72 percent for expansion Medicaid.)