HB696 Summary

• Levies an additional monthly surcharge on nursing facility privilege assessments beginning May 20, 2012, and ending August 31, 2013, at $131.25 per licensed bed initially, reduced to $43.75 per bed starting September 20, 2012.

• Extends the supplemental privilege assessment period through August 31, 2013, maintaining the annual rate of $1,603.08 per bed for nursing facilities in Alabama.

• Requires privilege assessments and surcharges to be treated as allowable costs in Medicaid nursing facility reimbursement rates, with adjustments to the per diem rates effective October 1, 2011, for assessments and May 1, 2012, for surcharges.

• Extends the zero percent inflation factor for computing overall Medicaid reimbursement rates through September 30, 2014, preventing rate increases based on inflation during this period.

• Authorizes the Alabama Medicaid Agency to reduce assessment and surcharge rates if aggregate state revenues fall below six percent of total nursing facility revenues during any fiscal year.