A Kaiser Family Foundation survey of state Medicaid directors found total Medicaid spending growth slowed to 2.9% this year, and they attributed the trend to a 1.7% decline in enrollment driven by a robust economy. Respondents said Medicaid spending is being driven by rising prescription drug costs, higher health care provider rates and an aging population with growing long-term care costs, and they expect spending growth to reach 6.2% next year.
Medicaid spending growth slows to 2.9% as enrollment drops
Sign up for SNMMI SmartBrief
Nuclear medicine and molecular imaging news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.