At the requests of Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Charles Grassley (R-Iowa), the Government Accountability Office (GAO) has provided estimates of the state allocations from increased Medicaid funding that would likely occur under two alternate funding arrangements for the economic stimulus plan.
The first estimate, requested by Sen. Baucus, provides likely state allocations resulting from the economic stimulus legislation currently being considered by the Senate. The legislation would provide an increase in each state’s Federal Medical Assistance Program (FMAP) funding of 7.6 percentage points from the first quarter of FY09 through the first quarter of FY11, and additional FMAP assistance based on increases in a state’s unemployment rate.
The second estimate, requested by Sen. Grassley, provides likely state allocations if an across-the-board percentage point increase would replace the legislation under consideration, assuming the same level of funding.
Read the estimates requested by Sen. Baucus and Sen. Grassley.
