December 13, 2017
The Missouri Medicaid Oversight Committee is facing the tall order of trying to keep ever increasing costs under control in a state with limited resources. Committee Chairman and Washington University Health Economist Timothy McBride noted state revenue gains this year of $300 million are equal to Medicaid cost increases. He told Missourinet that a cut to the federal healthcare program is most likely coming. “Healthcare costs are just going up at a faster rate than the economy is,” said McBride. “And our enrollment is growing, and our aged population is growing. These are just dynamics that our state is going to have to deal with.”
Members from the Center for Health Economics and Policy presented data on the issue and discussed lessons learned following the Transforming Healthcare in Missouri event in November sponsored by CHEP and the Clark-Fox Policy Institute.