Idaho to cut Medicaid provider rates by 4% in September
Idaho’s health care providers accepting Medicaid are about to take a hit to their wallets as state officials will cut reimbursement rates effective next month due to higher than anticipated costs.
In a memo sent to providers last week , Deputy Medicaid Director Juliet Charron said reimbursements will be slashed by 4% across the board.
“Healthcare expenses nationally continue to outpace inflation, and Medicaid is no exception,” Charron wrote.
Charron says new forecasts expect costs to balloon 19% above last year’s budget. The current Medicaid budget approved by state lawmakers factored in an 8% uptick.
“Medicaid is reviewing its operating expenditures and contracts to identify potential internal savings and will take appropriate