HI HB92

Requires the Department of Human Services to apply an annual inflation adjustment factor to long-term care facilities' provider-specific prospective payment rates beginning in fiscal year 2017-2018.

Sets the inflation adjustment factor equal to the reimbursement rate approved by the federal government in the Medicaid state plan.

Appropriates unspecified funds from general revenues for fiscal years 2017-2018 and 2018-2019 to implement the inflation adjustment for long-term care facilities.

Addresses the approximately $16,000,000 Medicaid shortfall that nursing facilities in Hawaii experienced in 2015 due to Medicaid payments not covering actual costs of care.