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Nevada to restore $301M in planned budget cuts to Medicaid


Nevada to restore $301M in planned budget cuts to Medicaid
May 13, 2021
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CARSON CITY, Nev. (AP) Lawmakers in Nevada have restored more than $301 million in planned cuts to Medicaid originally enacted last summer as the economy made a downward turn during the coronavirus pandemic.
State lawmakers, who were facing a $1.2 billion state budget hole at the time, are now awaiting additional approvals and funding for the restorations, the Las Vegas Review-Journal reported Wednesday. The restored funds amount to $125 million this fiscal year that ends in June and $176 million in the two-year budget starting July 1.
Lawmakers cut Medicaid reimbursements to medical service providers by 6% in July, triggering a reduction in federal funds for the program. But recent revenue projections show the state can take in about $600 million more than expected over the next years. ....

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