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Posted on 10/25/2009 - Will Pennyslvania lawmakers divert Medicaid stimulus money?...
Posted on 7/29/2009
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Will Pennyslvania lawmakers divert Medicaid stimulus money?
Posted on Jul 29, 2009
The shaky condition of Medicaid is a concern for many who depend on Medicaid benefits to keep them or a family member in a nursing home. In order to help preserve healthcare benefits for struggling families, $4 billion in additional Medicaid funding will go to the Pennsylvania state treasury by the end of next year. This money is part of the national stimulus package
However, some Pennsylvania lawmakers are eyeing these additional funds as a way to cover budget shortfalls in other areas. Medicaid funds could be diverted to pay for transportation project or prison costs, leaving less available for nursing home residents.
Taking money away from Medicaid could have devastating consequences. In a state with a high number of elderly residents, many of whom rely on Medicaid to pay for their care, diverting Medicaid funds for other purposes could be devastating.
Medicaid is an important benefit: 65 percent of nursing home residents rely on Medicaid and 15 percent rely on Medicare. Even those individuals who begin their stay in a long-term care facility by paying out of pocket usually end up relying on Medicaid when their funds dry up – something that is happening sooner than expected for many, given the sorry state of the economy.
Another issue is that nursing homes are already being paid less by Medicaid than what they bill. On average, nursing homes are paid by Medicaid $14 a day (about $5,000 a year) less than what they are owed for the cost of caring for Medicaid residents.
Read More About Will Pennyslvania lawmakers divert Medicaid stimulus money?...
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