Federal Statute and Guidance | Covid-19 | Sep 29, 2020
CMS Issues a Letter to State Medicaid Directors on Calendar Year (CY) 2020 October – December Phased-down State Contribution Final Per-Capita Rates
CMS issued a letter to State Medicaid Directors regarding the Medicare Part D claw back adjusted per-capita drug payment expenditure rate. Each year, the phased-down state contribution per capita rates are updated for changes in the federal medical assistance percentage (FMAP) that typically occur with the beginning of a new fiscal year. The letter acknowledges that the increase in FMAP established by the Families First Coronavirus Act affects the contribution rates and includes Attachment 1 outlining each state’s October-December 202 contribution rates with and without the FMAP increase.