Explanation:
(This amendment adds $19.4 million in the second year from the general fund and $20.0 million in matching federal Medicaid funds to increase Medicaid physician payment rates by 15 percent beginning July 1, 2007. The 2006 General Assembly provided an eight percent rate increase for Medicaid pediatric services and an increase of three percent for all other Medicaid physician rates except OB/GYN services beginning July 1, 2007. The introduced budget contains funding to bring the rate of increase for pediatric services up to 15 percent in the second year. This additional funding ensures that all physician rates are raised to reflect a 15 percent increase in payments in FY 2008.) |