Medicaid spending up dramatically in 2014

Medicaid spending has increased dramatically during 2014, according to a new report from the National Association of State Budget Officers. There was an 11.3 percent growth in Medicaid spending on the state level, while Medicaid funding on the federal spending went up by 17.8 percent, according to NASBO. However, state funding for Medicaid only increased by 2.7 percent. Altogether, Medicaid became the biggest state budget item in 2014, at slightly more than a quarter of all state expenditures. >> Read the full article at FierceHealthPayer

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