JJ is trying something new this year. The Solons of the Mississippi Legislature are conducting their annual budget hearings this week. JJ is videotaping some of them. Here is Medicaid's from yesterday. No big fireworks. When possible, I'm going to include any materials distributed at the hearings. Video from Corrections and Mental Health hearings will be posted later today. Warning: Medicaid Executive Director Bob Robinson tries to tell a funny joke. The key word is "tries". Enjoy
Some facts from the presentation yesterday:
*Medicaid requested a $107 million increase (P.3 of documents below). This includes a projected increase of $118 million in Medicaid service expenditures (7.4%).
*Medicaid adds 2,000 enrollees every month.
*76% of Medicaid funding is provided by the federal government.
*The 2012 and 2013 Medicaid budgets include no stimulus funds. The 2011 budget included $262 million of such funding and 2010 included $256 million.
*There are 638,860 Medicaid beneficiaries in the system as of August 31, 2011.
*Page 13 is the one to read. It projects a "moderate" increase of Medicaid beneficiaries from 707,450 in 2011 to 1,009,000 in 2014 after Obamacare is implemented. The "Full" (I guess they mean worst case scenario) estimate projects it to be 1,114,000.
*Sorry for the poor video quality as I'm still trying to figure out how to use this camera. Had it set on HD and still looks pretty bad. Its also hard to get a good angle in that room as there are so many support beams.