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Feds to make partial Medicaid payment, surplus stays at $300K

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Feds defer only part of Medicaid reimbursement.

HARTFORD, Conn. – In a decision that will preserve the state’s cash position, the federal government has decided to only partially defer reimbursements for a portion of Connecticut’s Medicaid population.

More than two months ago, the state learned that the federal government would be deferring a $249 million payment for the first quarter of the year. It has since decided to give the state about $125 million for January through March.

Office of Policy and Management Secretary Ben Barnes said earlier this week that he expects to receive the remainder of the money for the first quarter once the issue over the state plan amendment is settled. Barnes anticipates this will happen before any deferral would be implemented for the second quarter payment.

The state is “confident that it will be resolved in October without having any deleterious impacts on the state’s cash position,” Barnes said.

See the complete story at CT News Junkie.

 

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