Implications of the New Medicare Prescription Drug Benefit for State Medicaid Budgets

Publication Date: December 2003

Publisher: Henry J. Kaiser Family Foundation

Author(s):

Research Area: Health

Keywords: Medicaid Funding; State Budgets

Type: Brief

Coverage: United States

Abstract:

This issue brief describes the key provisions of the new law with implications for state Medicaid budgets and dual eligibles, reviews the estimates available at this time on the effect of these provisions on state Medicaid expenditures; and discusses why the fiscal impact of the new law can be expected to vary widely across states.