Medicaid Pegged as Biggest Factor in Connecticut's $365M Budget Shortfall
Medicaid accounts for roughly $260 million of the deficit, which state Budget Director Ben Barnes said was mostly due to higher caseloads and increased use of medical services, according to the report.
Gov. Dannel Malloy (D) said he did not know what state services would be cut to balance the budget, as the state is still working on a "deficit mitigation plan." Connecticut has, however, submitted a waiver to the CMS that would eliminate Medicaid eligibility for roughly 13,000 beneficiaries.
More Articles on Medicaid:
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.