| Publisher | National Association of State Budget Officers | ||
|---|---|---|---|
| Format | 34.2KB PDF | Date added | 15 Mar 2002 |
| Topics | Performance Budgeting and Management | ||
| Downloads | 32 | ||
Even as states struggle to close budget gaps and confront revenues growth that will lag a national economic recovery, Medicaid costs continue to grow at a remarkable rate. Based on NASBO's just completed preliminary review of fiscal 2001 and 2002 state expenditures, total state Medicaid spending increased by 11.6 percent and 11.7 percent, respectively, and now amounts to more than 20 percent of total state spending. Just as states are trying to manage the recession's fiscal fallout, NASBO's analysis demonstrates that Medicaid continues to pressure state budgets severely.
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