President Barack Obama released his $3.8 trillion budget proposal for FY 2013. The transmittal of the budget is the first step of the long Congressional budget and annual appropriations process.
To view a copy of the complete proposal, click here.
The total budget for the U.S. Department of Health and Human Services (HHS) stays the same at $2.5 billion. The lack of any entitlement reforms to Medicaid isbecause it isnon-discretionary spending. Medicaid and the Children’s Health Insurance Program are budgeted $292.9 billion.
The Centers for Medicare and Medicaid Services receive a $1 billion (26 percent) increase in program management funds under the president’s budget. The bump is a result of the increased Affordable Care Act responsibilities that take effect in 2014.
To view the HHS budget, click here.
The budget proposes to “reduce the Medicaid provider tax threshold beginning in 2015 to promote integrity of Federal-State financing.”
ANCOR will share additional analysis about the budget in the future.