Medicaid Spending Creeps to Near-Record Low in FY 2012

In fiscal year 2012, total Medicaid spending increased by only 2 percent on average across all states — a near-record low as the economy showed some signs of improvement and enrollment growth slowed, according to a study from the Kaiser Commission on Medicaid and the Uninsured (pdf).

Medicaid enrollment growth was only 3.2 percent in FY 2012, the lowest since 2008. The slow growth in Medicaid spending was also attributed to state efforts to lower Medicaid spending as a result of expiring federal matching payments from the American Recovery and Reinvestment Act.

The Kaiser Commission said fiscal year 2013 is not projected to be much better, as legislatures have limited total spending growth to an average of 3.8 percent across all states — one of the three lowest rates in Medicaid spending in the past 15 years.

Medicaid Spending Creeps to Near-Record Low in FY 2012

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