Medicaid officials testified Monday before House and Senate fiscal advisers about how much they expect to spend on medical assistance for the poor in Rhode Island. Officials expect a small deficit and growing enrollment.
Twice a year, Medicaid officials report how much they’ve spent and what they think they’ll spend in the coming fiscal year. It’s part of the budget process. Highlights from Monday’s testimony include a projected deficit of $5.7 million dollars for this fiscal year. That’s tiny compared to total Medicaid spending, projected to be about $2.3 billion dollars.
Efforts to trim spending by nearly two hundred million dollars – known as “Reinvent Medicaid” – are mostly on track. But more Rhode Islanders enrolled in Medicaid programs than expected. One program for disabled adults reported increases in spending on nursing homes.
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