Medicaid: Improving Responsiveness of Federal Assistance to States During Economic Downturns
DIANE Publishing, 2011 - 50 pages
In response to the most recent U.S. recession, Congress passed the Recovery Act (RA). To help states maintain their Medicaid programs and provide states with fiscal relief, the RA temporarily increased the fed. share of Medicaid funding for states. The fed. funding states receive for Medicaid is determined by a statutory formula (FMAP). The RA also required a study of options for providing a temporary increased FMAP in response to future recessions. This report reviewed how past recessions affected states¿ ability to fund Medicaid, examined the responsiveness of past increased FMAP assistance to state needs, and identified options for adjusting the increased FMAP formula for use during future recessions. Charts and tables. A print on demand report.
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2007 recession 6.2 percentage point ability to fund across-the-board aggregate demand Assistance Percentage FMAP average Bank of Philadelphia Budget Officers Bureau of Economic changes in unemployment Children’s Health Insurance component copayments December decreased revenue District of Columbia economic conditions economic downturn eligibility employment-to-population ratio Federal Medical Assistance Federal Reserve Bank Figure following the 2001 fourth quarter fund Medicaid Funded Health Programs GAO analysis gross domestic product Health Insurance Program high FMAP increase in unemployment increased FMAP assistance increased FMAP formula increased FMAP funds increased Medicaid enrollment low FMAP Medicaid enrollment increases Medicaid needs Medicaid program needs Medicaid Services Medicaid shares Medical Assistance Percentage Millbank National Governors Association North Dakota options past recessions percentage point increase PPACA prototype formula Publicly Funded Health recession ended Recovery Act funds reduction response revenue decreases share of Medicaid Stat tax revenue total wages unemployment rate United States Senate wages and salaries