HB 92 Summary

• Establishes an annual inflation adjustment to long-term care facilities' provider-specific prospective payment rates beginning in fiscal year 2017-2018, based on the reimbursement rate approved by the federal government in the medicaid state plan.

• Requires the Department of Human Services to apply the inflation adjustment factor to providers' annual costs or basic prospective payment system rates to recognize cost increases.

• Appropriates unspecified general revenues for fiscal years 2017-2018 and 2018-2019 to fund the inflation adjustments to long-term care facilities' medicaid reimbursement rates.

• Addresses the state medicaid shortfall in nursing facilities, which totaled approximately $16,000,000 in 2015, by providing sustained rate increases to help long-term care facilities maintain access to care for medicaid recipients.