RD158 - May 2008 Medicaid Expenditures


Executive Summary:
Medicaid expenditures through May are 8.3 percent above expenditures through the same period last year. The 2007 Official Medicaid forecast and budget amendments included in 2008 Appropriation Act provide for 6.5 percent annual growth for FY 2008. At the fund level, Medicaid general fund expenditures through April are 8.7 percent above expenditures through the same period last year. The 2008 Appropriation Act funds 7.1 percent annual general fund growth for FY 2008.