Senate committee approves bill to stabilize Medicaid funding, add oversight and reporting requirements

Summary

The Appropriations and Revenue Committee approved House Bill 695 with a committee substitute that adds reporting requirements, moves the pharmaceutical rebate fund, limits managed-care organization renewals and requires studies on long-term services; the measure passed the committee 9-0 and goes to the Senate floor.

The Kentucky Senate Appropriations and Revenue Committee on Tuesday voted 9-0 to advance House Bill 695, a measure aiming to stabilize Medicaid spending and add new reporting and oversight requirements.

Representative Adam Bowling of the 87th Legislative District, the bill's sponsor in the House, told the committee the bill is intended to stabilize Medicaid spending and establish a process for long-term oversight. "About 1 out of 3 Kentuckians is on Medicaid," Bowling said. "It affects all 120 counties, every provider, every healthcare system." He said the bill's immediate aim is to "stabilize" the program while a separate measure, House Bill 9, would create a longer-term Medicaid Oversight and Advisory Board.

The committee substitute makes multiple technical and policy changes. Among them, it: - Exempts certain federally required changes to the Medicaid program; - Moves the pharmaceutical…

Senate committee approves bill to stabilize Medicaid funding, add oversight and reporting requirements

Summary

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