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Monday 17 October 2011

Fla. economists: Medicaid will cost $20.2 billion

TALLAHASSEE, Fla. -- State economists estimate Medicaid will consume about $20.2 billion of the state's budget this fiscal year.
If Monday's predictions are correct, that could leave the state with a nearly $1 billion surplus including $3.1 million general revenue.

Lawmakers budgeted $21.3 billion for Medicaid in 2011-2012.
The Republican-led Legislature passed bills overhauling the Medicaid program last year, warning large cost increases in coming years would overwhelm the budget.  Read Full

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