SPOTLIGHT: Medicaid funding pinch turns into deep bruise

The original $87 billion in Medicaid stimulus funding relieved many cash-strapped Medicaid programs from the need to make catastrophic cutbacks. That funding expires at the end of this year, but Congress may OK President Obama's budget proposal to give states an additional $25.5 billion boost in Medicaid funding through June 2011. This short-term (six-month) extension would provide additional relief. For example, California would expect to gain another $2.1 billion. However, it may not be enough to see all states through their financial crises. FierceHealthFinance