Buy PhotoGov. Terry Branstad and Lt. Gov. Kim Reynolds at a news conference at the Iowa Capitol on Oct. 31, 2016(Photo: William Petroski/Des Moines Register)Buy PhotoGov. Terry Branstad confirmed Monday that an additional $33 million in state money will be spent on Iowa’s controversial new Medicaid privatization program. But he said the program is more efficient than expected so the state will still meet its goal of $110 million annually in projected Medicaid cost savings.The nonpartisan Legislative Services Agency issued a memo Friday which said, based on a review of recent Medicaid data by the Iowa Department of Human Services and actuaries, the Branstad administration decided to increase per patient rates paid to private firms managing Medicaid health care by $33.2 million in state money and by $94.5 million in federal funding. The contract period covers the final months of fiscal year 2016 and for fiscal year 2017, which began July 1, 2016.Branstad and Michael …
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Branstad pumps $33 million more into Medicaid privatization – DesMoinesRegister.com