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Tue Feb 12, 2019, 03:44 AM

New report recommends $1 billion in annual savings with overhaul of Medicaid in Missouri

JEFFERSON CITY • Missouri could save as much as $1 billion annually within the next four years by undertaking an ambitious and potentially controversial overhaul of services and rates provided through the state’s Medicaid health insurance program for the poor, a new study shows.

A 116-page report compiled by a consulting company for $2.7 million says the state could alter reimbursement rates for hospitals, doctors and nursing homes, shift more people to home-care services and better manage prescription drug costs as a way to rein in rising costs.

The study does not recommend tightening eligibility rules, although lawmakers are separately considering a plan to require able-bodied recipients to work in order to receive coverage.

“Without significant changes, Medicaid spending may comprise 26 percent to 30 percent of state general revenues by 2023. To bring growth of Medicaid spending in line with the level of economic growth of the state while preserving access for participants and avoid reducing eligibility or coverage, significant savings would be necessary,” the report says.

Read more: https://www.stltoday.com/news/local/govt-and-politics/new-report-recommends-billion-in-annual-savings-with-overhaul-of/article_447de4bb-3d9c-5706-bb77-81b02282668a.html

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Reply New report recommends $1 billion in annual savings with overhaul of Medicaid in Missouri (Original post)
TexasTowelie Feb 2019 OP
SWBTATTReg Feb 2019 #1

Response to TexasTowelie (Original post)

Tue Feb 12, 2019, 10:52 AM

1. Ahhhh...republicans hard at work in MO. Repug house, governor, etc. must be running out of ...

things to do, etc. And, as usual, they doom and gloom the issue. And this is the first time I've seen a possible work for health benefits component in MO. And it's funny, they went about, making all sorts of fuss over tax cuts to MO tax rates. Kind of pathetic if you look at it, in that you tied up literally hundreds of people in promoting this 'gee whiz' tax cut (for top tier, rate cut from 6% to 5.5%, a .1% cut spread out over FIVE years (times 5 (.1) equals .5%). And all of this is assuming that some sort of revenue collected goal over previous 3 years has been met.

All to join some kind of showboat effort to 'Hey, we're cutting taxes too'.

Ridiculous.

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