Senate panel passes budget with 2 percent Medicaid reimbursements
Key senators Thursday agreed on their own version of the state budget for the fiscal year starting July 1. The Senate Appropriations Committee voted unanimously to move the $1.4 billion General Fund spending plan to a full Senate vote next week.
The panel's proposed amendments to the House-passed budget include, most notably, increasing Medicaid reimbursement rates for healthcare providers from 0.75 percent to 2 percent, on par with Gov. Peter Shumlin's recommended budget increase. (The total cost of the rate increase is roughly $4 million.)
STAY TUNED...will post when/if the increase in medicaid reimbursement rate passes the full senate vote.