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CMS Approves Tennessee Block Grant Waiver: A Summary and Analysis from your Editors | Foley Hoag LLP - Medicaid and the Law

To embed, copy and paste the code into your website or blog: The following post is our brief guide around the context and major financing and coverage principles of the Tennessee waiver (TennCare III). Given the import of the formulary flexibilities to many of our clients, we have “carved out” (to use a Medicaid pun) that discussion for a future post (coming this week!) On Friday January 8 th, in the final days of the Trump Administration, CMS announced approval of a first-in-the-nation waiver that would permit Tennessee to transition from Medicaid’s longstanding, open-ended financing model to a modified “block grant” model – a financing system under which the Federal government has agreed to commit a discrete amount of dollars to the state, adjusted only by enrollment growth and pre-established inflation factors. Within this “aggregate cap” approach, Tennessee would have greater reins to modify coverage, benefits, and payment outside of established Federal rules,

Detailed text transcripts for TV channel - FOXNEWS - 20170209:21:40:00

what is fixed? i think flattening out the bracket is critical. lowering the rates is critical. another step we take. we protect more of the first dollars that families earn. we increase the standard deduction. that s important to young families getting started. families retiring. we take one other step that i think may be the most pro growth secret in this proposal, which is after we have lowered the rates and flattened the brackets and protected the first dollars, for the money you earned from savings investment, we cut the rate in half again. one, we re not a nation of savers. we should be. secondly, understand the out it s incredibly pro growth in the local communities. that s we re going all in for growth. neil: you re talking like a big cut in tax rates, 20% for corporations. yes. neil: immediately those on the left come out and say, how are you going to pay for that? the government almost assuredly

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