Fierce Healthcare October 25, 2022
States reported that total Medicaid spending increased by 12.5% this year but is expected to slow by 4.2% in 2023. ((Getty/designer491))
Growth in Medicare enrollment slowed in federal fiscal year 2022 and is expected to decline next year as the COVID-19 emergency will likely end, a new state survey found.
However, the survey, released Tuesday by the Kaiser Family Foundation, also showed that almost all the states don’t anticipate any revenue shortfalls or cuts to their budgets despite a looming recession and inflation. States also expect their spending to slow down as a boost to federal matching rates expires next year.
Medicaid enrollment peaked in fiscal 2021, rising by 11.2% that year. However, the survey showed that...