DMS reports show rising Medicaid service spending and a $300M state rebate appropriation; MCO payouts dominated by pharmacy
DMS told the Oversight Board that fee‑for‑service spending rose by roughly $450M year‑over‑year across categories and that state share increases for the first three quarters total about $140M; Commissioners also explained a new pharmaceutical rebate fund that raised restricted appropriations by about $300M.
The full story
The Department for Medicaid Services told the Medicaid Oversight Board that Kentucky’s Medicaid spending profile has shifted this fiscal year, with notable increases in several service categories and significant accounting changes driven by a new pharmaceutical rebate fund.
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