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prima:Oversight Board does not foresee Medicaid shortfall

The entity says this fiscal year’s budget already considers the federal match reduction in mid-December

October 6, 2022 - 10:22 AM

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This content was published more than 2 years ago.
Disparidad de fondos federales (Medicare, Medicaid, entre otros). (Archivo / GFR Media)
The government and the health industry have calculated that a drop to a 55 percent FMAP, established by the permanent law, could cost close to $500 million annually. (Archivo)

The Oversight Board warned yesterday that this fiscal year’s budget already considers that, without a new law, the Medicaid FMAP in Puerto Rico may be reduced in mid-December.

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