Wisconsin's Medicaid Fund in the Black

Wednesday, January 5th, 2022 -- 9:04 AM

(Bob Hague, WRN) Wisconsin’s Medicaid fund is in the black.

In a letter to co-chairs of the Legislature’s Joint Finance Committee, Department of Health Services Secretary designee Karen Timberlake said the Medicaid fund is projected to finish the 2021-23 biennium with a surplus of nearly 185 million dollars.

Timberlake cited several factors for the projected surplus, but the extension of the COVID-19 public health emergency declaration by the federal government accounts for a surplus of 116 million dollars.

Medicaid is a joint federal and state program that provides health care coverage, long-term care, and other services to over one million Wisconsin residents.

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