An Act to Protect Health Care Reform Funding

Summary:

Establishes the Medicaid and Health Care Reform FMAP Trust Fund; requires comptroller to deposit to the fund an amount that is equivalent to the additional Medicaid and Children’s Health Insurance Program funding pursuant to the national health care laws of 2010; requires those funds to be used to support the financing of health insurance coverage for low income Massachusetts residents and to improve Medicaid reimbursement to health care providers.

Co-Sponsors:

Senator Richard Moore and (at the time) Representative Linda Dorcena Forry

Background:

Beginning in January 2014, Massachusetts will receive significant additional federal funding due to the implementation of the Affordable Care Act.  It is estimated that the enhanced Medicaid matching revenue will provide the State with more than $2.5 billion between 2014 and 2019 and more than $400 million per year in 2020 and thereafter.

The bill being proposed would ensure that this enhanced funding would be used for state healthcare purposes and not re-directed to other uses as the tobacco settlement money was.  It calls on the State Comptroller to deposit the funds in a Trust Fund and to provide full transparency for the expenditure of the funds.

Current Status:

Referred to Joint Committee on Health Care Financing

Do you like this post?

Showing 1 reaction


commented 2013-12-27 14:13:10 -0500 · Flag
Thank you
CONNECT
ISSUES AND ACTION
to access member exclusive material, login
via facebook or via Twitter