States brace for Medicaid spending surge - Axios

Oct 26, 2022 · States could start the new year grappling with a surge in Medicaid spending to accompany supply chain pressures, workforce shortages and the effects of inflation. The big picture: The end of the COVID-19 public health emergency could result in state Medicaid …

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Medicaid Leaders Buckle Up For More Rocky Times - Axios

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Oct 23, 2024 · Medicaid spending growth slowed in fiscal 2024 to 5.5% and is expected to continue on that downward slope in 2025 as enrollment continues to fall, per KFF. But states …

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Medicaid Enrollment & Spending Growth: FY 2024 & 2025 - KFF

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Oct 23, 2024 · Total Medicaid spending growth slowed to 5.5% in FY 2024 and is expected to slow further to 3.9% in FY 2025. While state Medicaid officials identified unwinding-related …

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Centene’s Medicare Advantage Quality Scores Missed Their Targets

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Oct 26, 2022 · Centene will contract with Cigna’s Express Scripts to manage its $40 billion in pharmacy spending in 2024, the companies announced Tuesday. ... Axios: States Brace For …

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FAQs about States brace for Medicaid spending surge - Axios Coupon?

Will state policy choices affect Medicaid spending?

Additionally, state policy choices, such as expanding coverage, or the potential impact of an economic slowdown could contribute to growth in Medicaid spending. Medicaid is a state-administered program, but the federal government covered 60.3% to 83.5% of states’ bills for the program in federal fiscal 2021, for a total of 68% of costs. ...

How much did the federal government pay for Medicaid expansion?

During FY2015 and FY2016, the federal government paid the full cost of expansion and Medicaid spending in expansion states declined by approximately 6 percent relative to nonexpansion states. In FY2017, states began paying a share of the cost of expansion (5 percent), which grew each year between FY2017 and FY2020. ...

Should states continue to fund Medicaid expansion?

States would continue to fund the 10% share of expansion and would lose the added fiscal incentive after two years. Research shows there are often savings in other state programs related to expanding Medicaid as well as revenue increases due to the infusion of federal funds associated with the 90% match on expansion spending. ...

How much does Medicaid expansion cost a state?

As shown in Exhibit 2, state spending on Medicaid expansion exceeded $4 billion in 2018 and, if spending remains at current levels, will exceed $7 billion in 2020 (among only the states that had expanded by 2018). How does Medicaid expansion generate savings to offset such costs? ...

What does expanding Medicaid eligibility mean for a state?

First, expanding eligibility allows states to cut spending in other parts of their Medicaid programs. Second, it allows states to cut spending outside of Medicaid — particularly on state-funded health services for the uninsured. ...

What if the 12 states expand Medicaid?

More than 2 million Americans would gain coverage if the 12 states expand Medicaid, according to a 2021 estimate from the Kaiser Family Foundation. The big picture: Some Republican states have already expanded Medicaid through executive authority or — in states where it’s legal to do so — citizen-led ballot initiatives. ...