25 Apr Milwaukee Business Journal: Medicaid funding hits home for business: WHA
Wisconsin businesses and consumers continue to face higher health care costs than other states due to Wisconsin government providing a relatively low reimbursement for people covered by Medicaid.
The Wisconsin Hospital Association again is lobbying the Wisconsin Legislature to increase the state’s contribution to funding the Medicaid program, known here as BadgerCare. What’s different this budget session is that Gov. Tony Eversis an ally, proposing increases in both the state and federal funding of BadgerCare.
Medicaid reimbursement rates in Wisconsin cover only 65% of hospitals’ costs, resulting in health care systems shifting costs to private payers, according to the Hospital Association. The organization calls it a “massive hidden health care tax” on Wisconsin employers and families.
Medicaid is funded jointly by states and the federal government. It provides coverage for low-income people including children, pregnant women, the disabled and the elderly.
Read the full Milwaukee Business Journal article here.