State: Social Service Costs Lower than Expected
Kansas officials have lowered their estimates for what they expect Medicaid and other social services to cost the state through the middle of next year.
Lt. Gov. Jeff Colyer said Friday the new figures show that there is a “dividend” from the state’s overhaul of Medicaid.
The new projections cover about $1 billion in state spending on social services each during the current fiscal year and the one beginning in July.
The new figure for the current fiscal year is almost $38 million lower than the previous estimate. The figure for the next fiscal year is about $25 million lower than previous total.
The state turned its Medicaid program the needy over to three private health insurance companies this year, promising it would lower costs and improve health coverage.