American Recovery and Reinvestment Act of 2009 Section 5001: Increased Federal Medical Assistance Percentage Factsheet from Centers for Medicare & Medicaid Services

Authors: Center for Medicaid Services
Publication Year: 2009
Last Updated: 2016-04-06 12:37:40
Journal: Health and Human Services
Keywords: FMAP, Federal Medical Assistance Percentage, ARRA, FMAP, American Recovery and Re-investment Act, CMS, Center for Medicaid Services, Federal Medicaid Assistance Program

Short Abstract:

On February 23, 2009, the President announced to State Governors the release of more than $15 billion in increased FMAP funding. This $15 billion represents the first two quarters of the increased FMAP funding provided under ARRA. Funds have been deposited in special Treasury accounts so that States, the District of Columbia, and the Territories can start drawing down those funds. States must meet Medicaid eligibility requirements outlined in the law to receive the new funding, and may only claim for appropriate expenditures. CMS is working with the States to ensure that they meet the eligibility requirements in order to access the increased Medicaid funding.

Abstract:

On February 23, 2009, the President announced to State Governors the release of more than $15 billion in increased FMAP funding. This $15 billion represents the first two quarters of the increased FMAP funding provided under ARRA. Funds have been deposited in special Treasury accounts so that States, the District of Columbia, and the Territories can start drawing down those funds. States must meet Medicaid eligibility requirements outlined in the law to receive the new funding, and may only claim for appropriate expenditures. CMS is working with the States to ensure that they meet the eligibility requirements in order to access the increased Medicaid funding.

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L689 Economic Stimulus--American Recovery and Reinvestment Act of 2009--Section 5001 Increased Federal Medical Assistance Percentage--Factsheet from CMS.pdf

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