Department of Medical Assistance Services (602)
| Request Title | Capture Savings from Moratorium on ACA Health Insurance Tax |
| Biennium | 2016-2018 |
| Budget Round | Initial Bill |
| Half Sheet Number | 306 #24c |
Description
|
This amendment eliminates $25.7 million from the general fund and $25.7 million in matching federal Medicaid funds the second year contained in the Medicaid forecast that was included to pay the health insurance tax on managed care contracts as required by the Patient Protection and Affordable Care Act. The Consolidated Appropriations Act of 2016 placed a moratorium on this tax for 2017, which results in a savings in the amount paid by the Department of Medical Assistance Services in fiscal year 2018. |
Funding Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
| 456 | Medicaid Program Services | $0 | ($51,912,742) | |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
| 01000 | General Fund | $0 | ($25,956,371) | |
| 10000 | Federal Trust | $0 | ($25,956,371) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-03-2025 23:45:45
