Medicaid Global Cap

For the period ending February 2012, the Department of Health (DOH) reports that total State Medicaid expenditures are trending under the Medicaid Global Spending Cap for SFY 2012-13 by $192 million or 1.3 percent below projections.  Spending through February was $14.47 billion compared to the projection of $14.67 billion. The State is anticipating ending this past fiscal year with $200 million in savings to the Medicaid program. DOH attributes the savings to lower than expected utilization/costs in various categories of service ($130 million), higher Local Administration savings ($40 million), and lower State Operations spending ($30 million).

Complete details are available on the DOH Monthly and Regional Global Cap Updates website. 

Contact: Patrick Cucinelli, pcucinelli@leadingageny.org, 518-867-8827