Medicaid Pegged as Biggest Factor in Connecticut's $365M Budget Shortfall

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Connecticut hospitals that rely on Medicaid reimbursement may be falling on harder times, as increased Medicaid costs have contributed to a total budget deficit of $365 million heading into next year, according to a New Haven Register report.

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.

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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.

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