Milonda Mitchell, Compliance Officer with HealthAxis, was recently featured in an article published by Health Payer Specialist. Read Milonda’s comments below and click the link to read the full article.
How Will the New CMS Restrictions on Medicaid Taxes Impact Payers?
A recently published analysis by KFF concluded that the changes would cut expenditures on Medicaid coverage by $226 billion over the next decade, representing roughly a quarter of the deep cuts to the program that will result from the budget reconciliation package passed by Congress earlier this year. KFF estimates those cuts on taxes will lead to about 1.2 million Medicaid beneficiaries losing their coverage by 2034.
“Health plans are going to have to be creative and find more affordable ways to provide beneficiaries coverage,” said Milonda Mitchell, an executive with HealthAxis Group, a health insurance consulting firm in Tampa, Fla. “They’re going to have to be inventive and look for other subsidy grants or other funds to subsidize the cost of the cuts that are being made.”
Read the full article by Ron Shinkman here.
