News Report | November 19, 2007
Medicaid Represents 22% of Total State Spending
OPEN MINDS On-Line News
In fiscal year 2007, Medicaid represented about 22% of total spending by states, and is estimated to increase by 6.6% in fiscal year 2007 over 2006 spending. State governors recommended budgets for fiscal year 2008 reflect a 5.8% increase over 2007 funding.
In addition, 34 governors have introduced plans to reduce the number of uninsured residents in their states in 2008. Proposed fiscal 2008 funding for plans to reduce the number of uninsured totaled nearly $18.4 billion. About one-third of the states plan to . . .