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Although the Governor’s Budget in Brief document indicates the
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2001-02 Medicaid nursing home rate increase would be 13.5%, the
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increases facilities actually would receive under the MA payment
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formula would be substantially less. Funds would be allocated as
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follows:
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$40.0 million: In separate IGT payments to counties for property tax
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relief, to pay for costs associated with serving hard-to-care for residents
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and to cover losses for county facility downsizings.
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$25 million (est.): Required to restore Medicaid formula cuts implemented
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in 2000-01.
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$40.0 million (est.): Required to pay for inflationary costs incurred by
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facilities, over the past 12-18 months but not recognized by the
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payment system.
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$10 million (est.): To fund future inflationary costs and to achieve modest
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improvements to the current Medicaid payment system.
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The IGT program also would fund a Medicaid
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nursing facility rate increase of 4% in 2002-03.
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