Illinois Medicaid program faces looming funding crisis due to federal changes
Illinois will face a $3.3–$5.3 billion annual Medicaid funding gap starting in FY2028 due to federal cuts on provider taxes used to draw matching funds, experts say.
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Illinois Medicaid program faces looming funding crisis due to federal changes - IPM Newsroom
Illinois Newsroom - New federal law will restrict a key revenue stream used to pay state’s share of Medicaid costs. The post Illinois Medicaid program faces looming funding crisis due to federal changes appeared first on IPM Newsroom.
Illinois Medicaid program faces looming funding crisis due to federal changes – Capitol News IL
New federal rules will impose tighter caps on how much money states can raise for their Medicaid programs through provider taxes; In Illinois, those taxes pay more than one-third of the state’s share. The new limits, starting in Fiscal Year 2028, and could reduce total Medicaid funding in Illinois by $4.5 billion a year by Fiscal Year 2031.
Illinois Medicaid program faces looming funding crisis due to federal changes
New federal rules contained in President Trump’s “One Big Beautiful Bill Act” will impose tighter caps on how much money states can raise for their Medicaid programs through provider taxes.
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