Arkansas' Medicaid Deficit Could Hit $400M
The shortfall in Arkansas' Medicaid program is expected to land between $250 million and $400 million in fiscal year 2013, and Gov. Mike Beebe believes cuts in Medicaid services and increases to state revenue will have to salvage the program, according to an Arkansas News report.
Gov. Beebe said raising taxes is an option, but "it's not anything that I have planned or have heard [about] from the legislature," according to the report.
The state legislature is working to restructure the state's payment system for healthcare providers, and most changes are aimed at slowing the growth of the state's Medicaid costs. Specific proposals have not yet been finalized and are up in the air ahead of the November elections, according to the report.
More Articles on Medicaid:
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.