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Medicaid Statement

Indiana Medicaid Reserve Account
(Dollars in Millions)
               
               
               
State Reserve as of 7/1/97             255.9
               
Incurred But Unpaid Claims           366.7  
               
  State Match Percentage         38.9%  
               
Total State Portion of Incurred Unpaid Liability           142.6  
               
Projected Unbudgeted Medicaid Expenditures (1)           66.9  
               
Total State Medicaid Reserve Required           209.5  
               
(Reversion to General Fund)             (46.4)
               
Reserve Balance 6/30/98             209.5
               

Note:

(1) This amount includes estimate of additional Medicaid Costs associated with PL 24, PL 112 and PL 260 of 1997 involving expansion of Medicaid waiver program, children's health insurance program, increase in basic disproportionate share pool, hospice benefits, personal needs allowance, and various increases in provider reimbursement rates.


Last Updated on 11/19/98
By State Budget Agency