HB15-1151 Summary

• Establishes minimum Medicaid payment rates at 60% of the equivalent Medicare rate effective July 1, 2015
• Requires 60% of average fair market rate for services without an equivalent Medicare rate
• Applies to state department rules for provider payment under Medicaid and related articles
• Includes a severability clause declaring any conflicting provisions inoperative to the extent they conflict with federal law
• Appropriates unspecified funds from general fund, state funds, and federal funds to the Department of Health Care Policy and Financing for provider rate increases needed to comply with minimum standards