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Senate extends hospital assessment that helps fund TennCare
Summary
On third and final reading the Senate approved House Bill 18-67 to continue the hospital assessment rate used to draw down federal matching dollars for TennCare services; sponsor said the assessment is an annual funding mechanism and the bill passed without objection.
House Bill 18-67, described on the floor as the annual hospital assessment, was approved by the Senate on third and final consideration.
Senator Hayhoe explained the measure continues the assessment rate at 6 percent, which "generates state dollars [that] draw down federal matching dollars for many key services for TennCare recipients." He said most members were familiar with the assessment and that continuation is necessary to support TennCare funding.
There was no recorded opposition during floor motion and the bill passed without objection (ayes 33, no nays). The sponsor renewed the motion and passage was declared.
Next steps: The assessment continues as statutory authority for the financing mechanism; administrative and budgetary implementation proceeds through TennCare and finance committees.
