“States face looming crisis over Medicaid growth, which could trigger changes for providers and payers,” by Robert King, Fierce Healthcare
“States are about to face a major budget crisis due to exponential growth in Medicaid enrollment and a decline in tax revenue, which experts say could lead to provider payment cuts or other measures to contain costs.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Very true, but the remainder of this article focuses on Medicaid’s acute care side. That’s not where the biggest financial shortfall will come. Long-term care users, who are 5.9 percent of enrollees, consumed 41.8 percent of total Medicaid spending for both institutional and non-institutional long-term services and supports. LTC is the tail that wags the Medicaid dog.