December 16, 2009
OHCA Contact: Jo Kilgore, Public Information Manager, (405) 522-7474.
In Re: Additional state revenue reductions
OKLAHOMA CITY – The Oklahoma Health Care Authority is evaluating the impact of the additional state revenue reductions. Once the extent of the revenue reduction is known, an action plan will be developed and recommended to the OHCA Board at its next meeting. Cuts will likely include reductions in provider payment rates and additional benefit reductions.
Hopefully, uncommitted federal Medicaid stimulus funds will be made available to replace lost state revenue. It is also important to note that any reduction in state dollars in the SoonerCare (Medicaid) program results in a reduction in federal dollars to fund the program; currently, $1 cut in state funds means a loss of $3 in federal funds for a total program reduction of $4 dollars. – OHCA spokesperson Jo Kilgore