Now, part of the cost burden of Medicaid coverage will start shifting toward the states because of the requirement they pick up 5 percent of expansion costs starting in 2017. Meanwhile, Virginia’s governor will try again to persuade the state to pursue expansion.
Medicaid Spending Growth Slows In 2016
Spending growth under the Medicaid program tapered nationally in fiscal year 2016 as the initial effects of the Affordable Care Act’s coverage expansion began to wear off, according to a Kaiser Family Foundation survey released Thursday. Total Medicaid spending by the federal and state governments grew at a rate of 10.5 percent in fiscal year 2015 as Obamacare led to a surge in enrollment. In fiscal year 2016, spending growth declined to just under 6 percent. Officials project that fiscal year 2017 spending will grow even more slowly, at a rate of 4.5 percent. (Pradhan, 10/13)
Medicaid Enrollment And Spending Stabilize, New Kaiser Survey Finds
While national …
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