CHIP Extended

The temporary spending plan averting a continued federal government shutdown includes a six-year extension for the Children’s Health Insurance Program.   The new legislation approved by both chambers of Congress provides $124 billion to states in the matching grant program through 2023.   More than 75,000 children and 800 pregnant women will now be covered under Colorado’s version of the program, Child Health Plan Plus (CHP+).

Passage of the ACA in 2010 adjusted the matching percentages for the program.  For the next two years, the federal government will be picking up 88 percent of program costs, then over the next two years the program will revert back to pre-ACA percentages.

This was the first time in the programs 20 year history that reauthorization was not completed well in advance of the program’s expiration date.  CHIP ran out of funding on September 30, 2017.

Read more at National Public Radio.

Read more in the Chicago Tribune.

Register for the Summer State-of-the-State

Join us for a conversation with Aetna CEO Mark Bertolini.  REGISTER HERE.

Thank You For Your Loyalty.

HCCA, publishers of the Colorado Managed Care Newsletter, began reporting on the financing of healthcare in Colorado in December of 1983. As we begin our 34th year, we are grateful for the opportunity to be one of your sources of information in this ever-changing, healthcare market.