Home » NEWS » Health » Medicaid spending to come in under budget

Medicaid spending to come in under budget

JACKSON — It looks as if Medicaid spending is going to come in under the forecast, but Gov. Haley Barbour is still urging lawmakers to be cautious.

“(Yesterday) the Division of Medicaid advised me spending for Medicaid beneficiaries will actually be less than the amount budgeted last April. My conservative estimate is there will be $40-50 million less spent by Medicaid in FY11 than budgeted, and that number is subject to fluctuation based on a number of variables, particularly utilization rates.

“The surplus could be higher, but I strongly recommend the Legislature be cautious when estimating this number.

“Congratulations to our team at the Division of Medicaid for the strong management and excellent controls they are employing in operating this large, complicated program.”

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*