Report: States’ Medicaid Spending on the Rise
States' spending on Medicaid increased in fiscal year 2014 more than any other state budget area, although federal funds provided to states accounted for most of the program's spending, according to a report released Thursday by the National Association of State Budget Officers. The report found that state Medicaid spending increased by 11.3% in FY 2014, with federal funds for the program increasing by 17.8%, or $41.8 billion, and state funds increasing by 2.7%.
- "U.S. States Get More, Spend More on Medicaid Under Obamacare: Report" (Lambert, Reuters, 11/20).