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GA Adjustment
Department of Medical Assistance Services (602)
Request Title Capture Savings from Federal Match Rate Change
Biennium 2022-2024
Budget Round Initial Bill
Half Sheet Number 304 #15c
Description

This amendment captures savings of $242.5 million the first year and $146.9 million the second year from the general fund and reflects additional nongeneral funds as a result of the change in the federal match rate for Medicaid. The federal public health emergency was extended until July 2022, which results in the temporary 6.2 percentage point increase in the federal match rate continued until September 30, 2022. In addition, the regular match rate will increase from 50% on October 1, 2022, to 50.65% and to 51.28% (based on preliminary estimates) on October 1, 2023. The federal match rate for Medicaid is updated every year and is based on a state's personal per capita income as compared to the national average. The floor is 50%, which Virginia had received since 2004.

Funding Details
By Program Program Code Program Title FY 2022 FY 2023
  456 Medicaid Program Services $663,086,939 $9,634,216
By Fund Fund Code Fund Title FY 2022 FY 2023
  01000 General Fund ($242,539,277) ($146,889,634)
  09780 Healthcarecoverageassmntfund $53,123,636 $646,142
  10000 Federal Trust $852,502,580 $155,877,708
Authorized Position Details
By Program Program Code Program Title FY 2022 FY 2023


p3_opview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 20:12:08