CMS Releases 2023 Basic Health Program Federal Funding Methodology Final Rule

 

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Today, the Centers for Medicare & Medicaid Services (CMS) released the Basic Health Program Federal Funding Methodology for Program Year 2023 Final Rule. This document provides the methodology and data sources necessary to determine federal payment amounts for program year 2023 to states that elect to establish a Basic Health Program to offer health benefits coverage to low-income individuals otherwise eligible to purchase coverage through Affordable Insurance Exchanges. This methodology will remain in effect until CMS proposes and finalizes a new Basic Health Program payment methodology.

See the rule here: https://www.federalregister.gov/public-inspection/2022-27211/basic-health-program-federal-funding-methodology-for-program-year-2023-and-changes-to-the-basic