Follow the Money: How Medicaid Financing Works and What That …

Oct 29, 2024 · Medicaid financing is complex. This policy watch explains how Medicaid financing works, describes various conservative proposals to change Medicaid financing, and explores …

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Time To Fix Medicaid Financing Schemes - Committee For A …

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Jun 23, 2023 · As an example, in 2018, states used provider taxes and local government funds to finance nearly 29 percent of the $224 billion total state share of Medicaid payments, a 7 …

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FAQs about Follow the Money: How Medicaid Financing Works and What That … Coupon?

What is Medicaid financing?

Medicaid financing is a shared responsibility of the federal government and the states, with states receiving federal matching funds toward allowable state expenditures. ...

How does the Federal Government Finance Medicaid?

States and the federal government share in financing Medicaid, a health care program for low-income and medically needy individuals. States finance the nonfederal share with state general funds and other sources, such as taxes on health care providers and funds from local governments. ...

How is Medicaid funded?

General revenue. Most state financing for Medicaid is through general revenue collected through income taxes, sales taxes, and other state and local sources. These general revenues, including state general funds, intra-agency funds, and other state sources, accounted for 68 percent of the non-federal share of financing in SFY 2018 (GAO 2020). ...

How will state fiscal conditions affect Medicaid programs?

This will all affect the development of state budgets going forward, including for Medicaid programs which are a large expenditure item as well as revenue source for states. This issue brief examines trends in state fiscal conditions and discusses how state budgets and macroeconomic conditions may affect individuals and state Medicaid programs. ...

How do States manage Medicaid budget challenges?

As a result of the federal matching structure, states seeking to save state dollars in Medicaid would need to make larger programmatic cuts and would lose federal Medicaid funding. Governor’s proposed budgets and legislative debate about the budget will reveal different approaches to how states manage any budget challenges. ...

How do state funding arrangements affect Medicaid?

Although such financing arrangements are allowed under certain conditions, they can also result in increasing the share of net costs paid by the federal government and decreasing reliance on state general funds. GAO was asked to review the sources of funds states used for Medicaid and the types of payments made to providers. ...