Wisconsin Medicaid Budget Will Close with Balance
MADISON, Wis. (AP) – Wisconsin health officials say the state’s Medicaid budget will finish the 2015-17 biennium $325 million in the black.
The Department of Health Services sent a letter June 30 to leaders of the Legislature’s finance committee saying the budget is expected to finish fiscal year 2017 with a balance of $325 million. That’s about $5 million less than DHS estimated in March, but still consistent with Gov. Scott Walker’s assumptions going into the 2017-19 state budget.
The letter attributed the balance to a number of one-time factors, including slower enrollment growth and improved federal matching rates. DHS officials project that expenditures will grow in the next biennium.