Department of Medical Assistance Services (602)
Request Title | Medicaid Forecast Adjustment for Suspension of Insurance Tax |
Biennium | 2018-2020 |
Budget Round | Amended Bill |
Half Sheet Number | 303 #7c |
Description
This amendment reduces $38.9 million from the general fund and a like amount of federal matching funds in the second year to reflect the impact of the federal suspension of a tax on health insurers for calendar year 2019. The continuing resolution (H.R. 195) passed by Congress in January 2018 suspended the tax. The tax on health insurers was created in the Affordable Care Act and the net impact is that the cost of the tax is passed-through to Medicaid managed care companies, which is the reason the tax impacts the state budget. |
Funding Details
By Program | Program Code | Program Title | FY 2018 | FY 2019 |
456 | Medicaid Program Services | $0 | ($77,800,000) | |
By Fund | Fund Code | Fund Title | FY 2018 | FY 2019 |
01000 | General Fund | $0 | ($38,900,000) | |
10000 | Federal Trust | $0 | ($38,900,000) |
Authorized Position Details
By Program | Program Code | Program Title | FY 2018 | FY 2019 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 20:02:46