“State Medicaid expenses to grow as federal dollars wane in FY 2024,” by Adam Healy, McKnight’s Home Care

“As the federal government sunsets pandemic-spurred Medicaid funding, states will be expected to foot the bill to keep Medicaid long-term services and supports (LTSS), which include home- and community-based services (HCBS), afloat. An increase in the Federal Medical Assistance Percentage (FMAP), which provided enhanced federal Medicaid funding for states, is set to phase out next month as part of the Consolidated Appropriations Act of 2023. To make up for these lost funds, state Medicaid spending is projected to increase by more than 17% next year, according to a report by KFF.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

What the feds gave, they’re taking away. The Medicaid vise closes on state budgets. Will states finally consider sensible controls on Medicaid LTC financial eligibility? Here’s where to look: “Long-Term Care: The Problem” and “Long-Term Care: The Solution.”