Vermont lawmakers trying to determine cause of increasing Medicaid costs

October 14, 2015

Vermont's House Committee on Health Care convened in a Statehouse conference room for an update on the state's $1.5 billion-a-year Medicaid program. The state's Medicaid budget looks to be running $105 million over projections. While the federal government will pick up a good chunk of the overrun, state taxpayers could be on the hook for a $40 million than was budgeted for in May. Since lawmakers don't yet know why the costs are exceeding projections, they're having a tough time figuring out what to do about them. Administration officials and legislative analysts are trying to pinpoint the source of the overruns. In the meantime, elected officials are going to have to decide how to re-balance a budget plunged in the red by the unexpected price spike. The administration will present its plan for addressing the Medicaid overrun in December.