News Headlines Article

Medicaid to take bigger bite of state budgets, report says
Modern Healthcare

While overall state budgets are expected to grow slowly over the next few years, according to a biannual report from state political and budget leaders (PDF), Medicaid is expected to consume an increasing share of them. State general-fund spending for fiscal 2012 is forecast to increase 2.9% to $666.6 billion, including a $19.4 billion increase for Medicaid and minus a $3.2 billion reduction for higher education.