Investing in needed Medicaid reimbursement increases will expand patients’ access to care
Medicaid reimburses many physician practices well-below Medicare or market rates. These cuts make it unsustainable for medical practices to employ, support, and retain the team needed to care for these patients. Medicaid has even fallen behind Medicare and commercial rates.
The Senate budget included an amendment (Item 303 #1s) to increase in Medicaid reimbursement rates for physicians currently reimbursed below 70% of Medicare. This critical investment would include anesthesia, primary and preventive care, and emergency medicine. The Senate budget also included an amendement (Item 303 #2s) to increase rates for outpatient psychiatric services to 100% of Medicare rates.
This increase due to the leadership of Del. Scott Garrett, MD and Sen. Emmett Hanger who submitted budget amendments that would increase Medicaid reimbursement rates for physicians currently reimbursed below 75% of Medicare.
The General Assembly needs to hear from every physician to include this increase in the final budget. This is a critical and urgent opportunity.