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Nebraska lawmaker: Medicaid FMAP drop deepens budget shortfall to about $289 million
Summary
Senator Curt Clemens told colleagues the federal share of Medicaid fell last October and a missed January adjustment added roughly $90.3 million to the state's share, widening a projected shortfall to about $289 million and prompting calls to work together to balance the budget.
Senator Clemens, addressing the Nebraska Legislature on the morning of March 7, announced an updated state budget shortfall after federal Medicaid matching rates changed.
Clemens said the federal medical assistance percentage (FMAP) dropped Oct. 1, 2024, reducing the federal share of Medicaid and increasing Nebraska’s state share. A January adjustment to that change was missed and was discovered by the Legislature’s fiscal office on March 6. Clemens said the January adjustment…
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