Medicaid Waiver Update Health Care Appropriations Subcommittee January 11, 2012

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Medicaid Waiver Update Health Care Appropriations Subcommittee January 11, 2012 Michael P. Hansen Director Rick Scott Governor

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Medicaid Waiver Update Health Care Appropriations Subcommittee January 11, 2012. Michael P. Hansen Director. Rick Scott Governor. Monthly Surplus/Deficit Report. 2. Cost-Containment Results. Average annual cost plans fell from $37,595 to $32,987 per recipient - PowerPoint PPT Presentation

Transcript of Medicaid Waiver Update Health Care Appropriations Subcommittee January 11, 2012

Page 1: Medicaid Waiver Update  Health Care Appropriations Subcommittee January 11, 2012

Medicaid Waiver Update Health Care Appropriations Subcommittee

January 11, 2012

Michael P. HansenDirector

Rick Scott Governor

Page 2: Medicaid Waiver Update  Health Care Appropriations Subcommittee January 11, 2012

Monthly Surplus/Deficit Report

2 2

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Jun Aug DecCost Plan Total $1,145,177,575 $1,000,883,778 $973,377,653

$900

$950

$1,000

$1,050

$1,100

$1,150

Mill

ions

Annualized Cost Plan Total

Average annual cost plans fell from $37,595 to $32,987 per recipientTotal Cost Plans Reduction: $171.8 million

Cost-Containment Results

Page 4: Medicaid Waiver Update  Health Care Appropriations Subcommittee January 11, 2012

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• 29,412 Cost Plan Reviews Completed (100%)

• $20 M Fiscal Year Cost Plan Reductions Projected

• $34 M Annualized Cost Plan Reductions Projected

Results of Cost Plan Review Initiative – 12/31/11

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