Lembo certifies small surplus, promises to monitor Medicaid reimbursements

HARTFORD, Conn. – State Comptroller Kevin Lembo certified a $300,000 surplus Tuesday and promised to remain vigilant about the $249.2 million the federal government has not reimbursed the state for some of its Medicaid population.

Since Medicaid reimbursements have been moved outside of the regular budget process they no longer impact surplus and deficit projections, but a recent bond issuance by the state acknowledges it could have an impact on the state’s cash flow.

Even though the state has not received the $249.2 million payment for services provided between January and March, the state has continued to make sure providers are paid for their services to this population so the money is leaving the treasury.

See the complete story at CT News Junkie.


One response to “Lembo certifies small surplus, promises to monitor Medicaid reimbursements”

  1. John Hamlin

    Pants on fire!!

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