Obama Budget Would Plug a Medicaid Gap
As we’ve written here before, Medicaid funding is a tricky business, not least of all because program enrollment always jumps in times of economic turmoil, when
Jul 31, 2020326K Shares5.6M Views
As we’ve written herebefore, Medicaid funding is a tricky business, not least of all because program enrollment always jumps in times of economic turmoil, when state budgets are least able to absorb the additional costs.
In recognition of that flawed formula, Congress last year providedan increase in the federal portion of Medicaid funding — an $87 billion provision designed to prevent low-income families from losing health coverage amid the recession. Trouble is, that money runs out at the end of this year — exactly halfway through the fiscal year of most states. That looming deadline has left state legislators in a pickle, unsure whether to craft their budgets under the assumption that the extra federal funds will keep coming, or expire.
Today, those officials will be cheering: The Obama administration’s budget blueprint is pushing for an additional six months of enhanced federal Medicaid payments — a move that would allow states to stabilize their Medicaid rolls trough the end of fiscal year 2011. The Wall Street Journal reports:
“„Obama’s budget plan estimates the U.S. will spend $317.6 billion in grants for state health programs in fiscal 2011, up 7.8% from an estimated $294.6 billion in fiscal 2010 and up 18.4% from spending in fiscal 2009 of $268.3 billion.
Of course, this is different from actually fixing Medicaid’s funding flaw.
Paolo Reyna
Reviewer
Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies.
Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most.
In his free time, he loves to travel, watch films, read books, and socialize with friends.
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