Tuesday, February 25, 2014
Encouraging Medicaid spending projections
CT expects our state share of Medicaid spending to drop,
actually drop, by $247 million from this fiscal year to next, according to a new
analysis. In fact, it is projected that it will take about two years to
climb back to current year spending levels. While spending
per capita dropped (and quality improved) in the last two years due to payment
and delivery reforms, most of the expected future reductions are due to
higher federal matching funds under the ACA. Over at least the next four years,
it is expected that CT’s state spending on Medicaid will remain under control.