HB 20-1385 Summary

• Allows Colorado to retain federal funds exceeding 50% reimbursement for Medicaid expenditures under the federal Families First Coronavirus Response Act (FFCRA) for fiscal years 2019-20 and 2020-21.

• Directs excess federal matching funds above 50% to be transferred to the General Fund to offset state Medicaid program expenditures.

• Applies the excess federal fund retention to hospitals, nursing facilities, and University of Colorado health sciences center services under provider fee and reimbursement programs.

• All provisions sunset effective December 31, 2021, making the temporary federal matching provisions temporary in nature.

• Makes corresponding appropriation adjustments of approximately $24.7 million to the Department of Health Care Policy and Financing for the 2020-21 fiscal year.