The state needs more money to continue their Georgia Medicaid program. A LOT of money. Something on the order of $300 million.
The state Department of Community Health plans to ask the state legislature for roughly $308.2 million to make up the gap for fiscal 2013, Vince Harris, the agency’s chief financial officer, told board members.The looming deficit comes at a time when the state health agency is also facing the addition of another 600,000-plus Georgians to its Medicaid rolls starting in 2014, as part of the program’s expansion under the health care law.
The health care program is also looking at a $90 million deficit for the current fiscal year. That accumulated in large part because the state legislature did not allocate funds for the final month of payments to three for-profit companies that manage care for primarily low-income kids and moms in Medicaid.