HB20-1362
Limit Increase to Medicaid Nursing Facility Rates
Concerning a limitation on the general fund share of the per diem rates paid to nursing facilities for two years commencing with the 2020-21 fiscal year, and, in connection therewith, reducing an appropriation.
Session:
2020 Regular Session
Subject:
Bill Summary
Health Care & Health Insurance
The act limits to 2% the annual increase in the general fund share of per diem rates to nursing facilities for the 2020-21 and 2021-22 state fiscal years.
For the 2020-21 fiscal year, the act decreases the general fund appropriation to the department of health care policy and financing for medical services premiums by $3,288,230, with an anticipated corresponding decrease in federal funds of $3,722,921.
(Note: This summary applies to this bill as enacted.)