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Thu June 14, 2012
Missouri to receive more Medicaid dollars for elderly
The state of Missouri is expected to get about $100 million dollars in additional Medicaid funds over several years under a federal program intended to encourage more home- and community-based services for the elderly and disabled.
The federal Centers for Medicare and Medicaid Services announced Wednesday that Missouri was one of four additional states approved for the program. It’s authorized under health care law signed by President Barack Obama.
The law offers a higher federal Medicaid matching rate for home- and community-based services to states now spend less than half their long-term care funds on such services but commit to expanding access.
Missouri's enhanced funding begins July 1st and runs through September 30th, 2015. The other states approved Wednesday for the program are Iowa, Georgia and Mississippi.