Kaiser Family Foundation surveyed 49 state Medicaid agencies about their fiscal year 2022 and 2023 budgets. Here are five things to know about the findings.
- Reduced enrollment means Medicaid spending growth will slow down in fiscal year 2023. The survey shows states expect growth in Medicaid enrollment to slow to 8.4 percent in fiscal year 2022 and decline to 0.4 percent in fiscal year 2023.
- Though enrollment and overall spending is expected to decrease, the end of the federal public health emergency means state agencies will shoulder a higher total of Medicaid costs.
- Other factors in addition to increased enrollment are driving increases in spending, including inflation, increased service utilization and increased spending for home and community-based services.
- More states reported expanding Medicaid benefits than reported cuts in fiscal year 2022 and 2023.
- In more than three-quarters of states that contract with managed care organizations to operate Medicaid programs, over 75 percent of their enrollees are in these contracts for fiscal year 2022 and 2023.
Read the full report here.
