National Association Of State Budget Officers
A drop in enhanced federal funding for Medicaid made states increase outlays for the program by an estimated 16.2% in fiscal 2012, according to a new joint report by the National Association of State Budget Officers and National Governors Association.
Medicaid spending increased 20% in fiscal 2012, representing the single largest portion of total state spending. This, combined with federally mandated Medicaid eligibility expansions, puts state budgets in a tight spot, a new national study reveals.
Nearly all states are enacting Medicaid cuts for fiscal year 2012 to deal with overwhelmed budgets and a slow economic recovery, according to a new report by the National Association of State Budget Officers and the National Governors Association.