Redeterminations could put Florida Medicaid in financial trouble

Florida’s Medicaid program could be facing a financial shortfall, as more residents than the state predicted have remained on the program through the redetermination process, Florida Politics reported Aug. 14. 

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In spring 2023, the state predicted around 900,000 people would be disenrolled from the program by the end of June. The state revised its estimates in July, predicting there will be around 300,000 more residents enrolled in the program than what the Florida Legislature accounted for in its 2023-2024 budget. 

Tom Wallace, Florida’s deputy secretary for healthcare finance and data, projected the state’s Medicaid program would have a deficit of $600 million by June 2024. The program would require $934 million in appropriations from the state legislature for fiscal years 2024-2025 to continue operating at its current level, Mr. Wallace estimated. 

Read Florida Politics’ full report here. 

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