LIP Program Funding
• Last week, the U.S. Centers for Medicare and Medicaid Services crunched some numbers and stuck them in an envelope addressed to Florida Medicaid Director at the Agency for Health Care Administration Justin Senior. “We have preliminarily concluded that that 2015-2016 funding should be at approximately $1 billion … to maintain stability while the system transitions,” CMS Director Vikki Wachino wrote, according to the Tampa Bay Times. What’s being proffered here is that the state basically needs to expand its Medicaid program because the feds are about to phase the LIP program out. In future budgets, CMS says, the state will need to whittle its previous experience with $2.2 billion in LIP funds down to something more reasonable, like $600 million. This …
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