RD124 - Monthly Expenditure Report of the Medicaid Program - May 2007


Executive Summary:
Medicaid expenditures through May are currently 6.5 percent above expenditures through the same period last year. Current funding, based on the November 2006 Official Medicaid forecast and budget amendments enacted during the 2007 General Assembly session, provides for 8.6 percent annual growth At the fund level, Medicaid general fund expenditures are currently running at 9.8 percent annual growth rate. DMAS’ current appropriation provides for 11.4 percent annual general fund growth.

This month’s report also includes a year-to-date analysis of FAMIS, Medicaid Expansion (M-SCHIP) and Temporary Detention Order (TDO) expenditures. As FAMIS, M-SCHIP and TDO payments were running higher than funded growth, funds were transferred from the Medicaid program to cover payments through year-end.