NC Medicaid Shortfall Now $330 Million-Plus
RALEIGH – The North Carolina office that oversees Medicaid says the funding shortfall for the government health insurance program is more than $330 million.
Health and Human Services Secretary Aldona Wos said Tuesday the shortfall has grown $85 million above the $248 million projected by Gov. Pat McCrory’s administration earlier this month.
Wos’ office again blamed the expanded shortfall on then-Gov. Beverly Perdue’s administration – this time saying it overestimated Medicaid receipts. McCrory’s agencies attributed an earlier shortfall uptick to a forecasting model error last year.
A bill in the General Assembly would give McCrory access to $400 million in unspent funds, cost savings and surplus tax collections to cover the shortfall. But that money is also supposed to cover $118 million for an outstanding drug rebate to the federal government.