Question

In many states, Medicaid expenditures are the largest line item in the state budget. Why have...

In many states, Medicaid expenditures are the largest line item in the state budget. Why have Medicaid expenditures increased, and what can states do to contain Medicaid costs?

Homework Answers

Answer #1

Medicaid .expenditures. have. increased. in. recent. years .largely .due to. an increase. in .eligible .enrollees. and inflation. As .a way. to .contain. costs. states. can: move. more .beneficiaries. into .managed .care .plans, improve program. integrity. and .focus .on .new .ways. to. eliminate. fraud. and .abuse, institute. higher .copays, impose. limits on. prescription. drugs, limit. benefits, reduce. provider. payments, and .improve. the .delivery. system.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
. Which of the following represents the largest group of individuals in the Medicaid program? A....
. Which of the following represents the largest group of individuals in the Medicaid program? A. Persons who are low income with dependents B. Persons who are poor and aged C. Persons who are in nursing homes or specialized facilities D. Persons who are poor and disabled 2. Which statement is not true regarding why specialized plans are more successful in Medicaid managed care? A. Medicaid focused plans are only owned by health systems. B. Medicaid focused firms develop skills...
Discuss the ways your local or state government generates revenues. How do they balance that with expenditures? What...
Discuss the ways your local or state government generates revenues. How do they balance that with expenditures? What is the impact of privatization on the budget? Give examples from your state or locality. One example would be the privatization of prisons in many states.
The main source of revenue for state budgets is the property tax. If, then the largest...
The main source of revenue for state budgets is the property tax. If, then the largest line item in state budgets is the amount dedicated to teacher salaries, explain to a proponent of putting a cap on property taxes why that would be bad for public education. What would a cap cause? How can you measure such causality?
Many firms have patents giving them monopoly power; yet, many do not price discriminate across state...
Many firms have patents giving them monopoly power; yet, many do not price discriminate across state boundaries. Almost surely there are differences in price elasticity of demand across states. Why don’t most manufacturers take advantage of this opportunity? Carefully Explain.
While the U.S. Federal minimum wage remains at $7.50 per hour, many states and municipalities have...
While the U.S. Federal minimum wage remains at $7.50 per hour, many states and municipalities have instituted their own higher minimum wages in reaction to rising costs of living. Based on discussion in class, why have most of these state and municipal minimum wage initiatives not truly addressed the challenges facing American workers?
In response to the Sarbanes-Oxley Act, many small firms in the United States have opted to...
In response to the Sarbanes-Oxley Act, many small firms in the United States have opted to "go dark" and delist their stock. Why might a company choose to go this route? What are the costs of "going dark"?
Many nations are running a Fiscal Budget Deficit do you consider this a problem? Why or...
Many nations are running a Fiscal Budget Deficit do you consider this a problem? Why or why not? What impact do Central Banks play in this issue?
Many nations are running a Fiscal Budget Deficit do you consider this a problem? Why or...
Many nations are running a Fiscal Budget Deficit do you consider this a problem? Why or why not? What impact do Central Banks play in this issue?
Because of a new product line, your company's sales over the last few months have increased...
Because of a new product line, your company's sales over the last few months have increased significantly. As a result, the amount of cash held by the company has increased to levels never experienced before. An evaluation by the company's financial staff concludes that the company is holding too much cash. This situation is reported to the stockholders. How do you think the stockholders would react to this information? What options do you have to deal with the concerns of...
Sarbanes–Oxley. In response to the Sarbanes–Oxley Act, many small firms in the United States have opted...
Sarbanes–Oxley. In response to the Sarbanes–Oxley Act, many small firms in the United States have opted to “go dark” and delist their stock. Why might a company choose this route? What are the costs of “going dark”?