The Centers for Medicare and Medicaid Services is providing approximately $750 million in additional funding to New York State and $100 to Minnesota in 2022 to support the Essential Plan and MinnesotaCare, the respective states’ Basic Health Programs, Healthcare Finance reports.
These are the only two states to implement a Basic Health Program, making them eligible. Both will also get added funds for 2020 and 2021.
The additional funds increase each state’s ability to provide healthcare coverage to low- and-moderate-income individuals who are ineligible for Medicaid or the Children’s Health Insurance Program (CHIP).
One million individuals have been added to coverage in New York and 100,000 in Minnesota, according to CMS. Read more.
