Federal Medicaid matching rate to drop in 2014: report
By Paul Wilson
ProWEB Wire (Industry News)
Federal matching rates (FMAP) for Medicaid will decline for approximately 30 states in fiscal year 2014, according to a new report by the National Association of Medicaid Directors.
The decrease is a result of slow growth between 2010 and 2011, the report said.
Federal spending for Medicaid is expected to fall by between $903 million to $1.7 billion in 2014, while only four to seven states are expected to see an increase, according to the report.
Medicaid expansion schedule for 2014 under the Affordable Care Act could continue to contribute to lower numbers and “could cause financial and program disruptions,” the report said.