Home Local News IOWA DHS TO PAY ADDITIONAL $386 MILLION TO MEDICAID COMPANY INSURERS

IOWA DHS TO PAY ADDITIONAL $386 MILLION TO MEDICAID COMPANY INSURERS

203
0
SHARE

The Iowa Department of Human Services has agreed to pay an additional $386 million to two insurance companies that will provide Medicaid services for the 2020 fiscal year.

The 8.6% increase will include $115 million in additional state funding, with the federal government paying for the remaining portion.

Governor Kim Reynolds says the state is still saving money despite the increase in dollars:

OC………the future. :22

Reynolds says the increase is part of the negotiated settlement:

OC………….base this off of. ;20

DHS says the rates include changes made by the Iowa Legislature, which account for about 2 percent of the increase.

OC………the M-C-O’s :14

The $5 billion Medicaid program serves about 600,000 poor and disabled people.