Posted tagged ‘Illinois Medicaid Bills’

As Federal Medicaid Aid Ebbs, Illinois Aims to Pay $1.8 Billion in Bills by June 30

June 23, 2011

(Springfield, IL) — Illinois lawmakers on Wednesday approved a plan to delay a $365 million payment into Illinois’ rainy day fund, and instead use that money to pay some of the billions of dollars Illinois owes to Medicaid providers.

Comptroller Judy Baar Topinka said the state is racing to maximize a federal Medicaid match that expires at the end of the month. Illinois is getting 57 cents on the dollar for qualifying Medicaid bills that it pays this month. Starting in July, that rate falls back to the normal 50 cents on the dollar.

Maximizing the $365 million, Topinka said, should allow her to pay $1.85 billion in Medicaid bills by June 30. She estimates Illinois could receive an extra $90 million to $100 million from the federal government.

“The Medicaid match did not solve all of our problems, but is sure as heck helped,” said Topinka. “And come the 30th of June, we lose that help, and we’ll be out there on our own.”

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