Medicaid financing: how the FMAP formula works and why it falls short.

@article{Peters2008MedicaidFH,
  title={Medicaid financing: how the FMAP formula works and why it falls short.},
  author={Christie Provost Peters},
  journal={Issue brief},
  year={2008},
  volume={828},
  pages={1-9}
}
Medicaid costs for health and long-term care services for low-income individuals are substantial. As a result, each state's "match rate," or federal medical assistance percentage (FMAP), which determines the share of Medicaid benefit costs the federal government pays, has enormous implications for state budgets and state economies, as well as for Medicaid… CONTINUE READING