Department of Medical Assistance Services (602)
| Request Title | Fund Medicaid utilization and inflation |
| Biennium | 2014-2016 |
| Budget Round | Initial Bill |
| Category | Mandates |
| Region | Richmond Area |
Description
|
Provides additional funding for the increased costs estimated in the most recent forecast of Medicaid expenditures. Medicaid expenditures are projected to increase 6.6 percent in 2015 and 3.2 percent in 2016. Other than inflation and utilization growth, other major drivers of the general fund need are due to rebasing nursing home rates in 2015 and restoration of prior year reductions for the teaching hospitals. Medicaid enrollment has slowed dramatically since May 2013. |
Funding Summary
| Object Type | FY 2014 | FY 2015 | |
| General Fund Dollars | $255,197,886 | $419,208,894 | |
| Nongeneral Fund Dollars | $195,101,529 | $297,025,141 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2014 | FY 2015 |
| 456 | Medicaid Program Services | $450,299,415 | $716,234,035 | |
| By Fund | Fund Code | Fund Title | FY 2014 | FY 2015 |
| 0100 | General Fund | $255,197,886 | $419,208,894 | |
| 1000 | Federal Trust | $195,101,529 | $297,025,141 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2014 | FY 2015 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 05:39:40
