RD121 - March 2008 Medicaid Expenditures


Executive Summary:
Medicaid expenditures through March are currently 7.7 percent above expenditures through the same period last year. The 2007 Official Medicaid forecast and budget amendments included in Governor Kaine's Introduced Budget provide for 7.1 percent annual growth for FY 2008. At the fund level, Medicaid general fund expenditures through February are 8.4 percent above expenditures through the same period last year. The Governor's Introduced Budget funds 7.5 percent annual general fund growth for FY 2008.