Today is the due date for a plan to cut nearly $180 million dollars from Medicaid. Half of that is state funding, the other matching federal dollars. To close a burgeoning state budget gap, Gov. Gina Raimondo has proposed cutting hospital and nursing home payments. Her “Reinvent Medicaid” task force delivers its recommendations today for finding the rest of the savings in the state’s health insurance program for the poor. Their proposals are aimed at reducing the cost of caring for some of the most complex patients.
Lawmakers have begun the process of estimating how much money the state can spend in 2016 (through the Revenue and Caseload Estimating Conference). They’ll hear a series of presentations over the next couple of weeks on projected revenues and spending so far this year. They use the information as they consider Gov. Gina Raimondo’s proposed budget.
As Gov. Gina Raimondo's "Reinvent Medicaid" task force rockets toward the finish line, having recently spelled out more details about how the group recommends finding nearly $90 million dollars in savings from the program, they bring with them plenty of vocal feedback from health care stakeholders around the state. One hospital system, Care New England, has been a more dominant voice at the table, with the group's leader, Dennis Keefe, co-chairing the task force. The voice of the state's largest hospital system, Lifespan, has been less audible.
House Speaker Nicholas Mattiello joins Bonus Q+A to discuss the PawSox' proposal for a Providence stadium; state efforts to curb Medicaid spending; the state of ethics reform at the Statehouse; and much more.
Members of Gov. Gina Raimondo's Reinvent Medicaid task force huddled for hours Wednesday to go over nearly three dozen initiatives designed to save Medicaid money. Their goal: find $90 million dollars in savings for Medicaid, the state's medical assistance program for the poor.
Here's a run down of where the effort is headed, straight from the fourth floor board room at CCRI in Warwick, where the meeting was held.
As anticipated, the biggest savings are projected to come from institutional health care providers.