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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 315 #1s

Item 315 #1s

First Year - FY2021 Second Year - FY2022
Health and Human Resources
Department of Medical Assistance Services FY2021 ($2,322,022) FY2022 ($3,252,087) GF
FY2021 ($5,429,678) FY2022 ($6,039,591) NGF

Language
Page 145, line 30, strike "$221,663,925" and insert "$213,912,225".
Page 145, line 29, strike "$237,496,600" and insert "$228,204,922".


Explanation

(This amendment captures savings in the Medicaid Children's Health Insurance 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.)