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Committee OKs bill to use reserves to freeze Medicaid rate cuts; bill would provide $190 million, sponsor says
Summary
The Rules Committee gave a favorable report to the committee substitute for House Bill 491 to allow use of Medicaid reserve funds to pause planned provider rate cuts; sponsor said the change would provide $190 million and freeze rates at prior levels through June.
The North Carolina House Rules Committee voted to give a favorable report to the committee substitute (PCS) for House Bill 491, a measure that would allow the use of existing Medicaid reserve funds to halt scheduled provider rate cuts.
Representative L. Lambeth, who presented the bill, said the PCS "simply gives them the authority to use existing reserve funds that they have, enable enabling us to stop the rate cuts." Lambeth told the committee the change "provides a 190,000,000,…
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