Bill > S439

This bill, the Coronavirus Medicaid Response Act, aims to increase federal support to state Medicaid programs during economic downturns. The key provisions of the bill are: 1. It amends the Social Security Act to provide a higher Federal Medical Assistance Percentage (FMAP) to states during economic downturn quarters, defined as fiscal quarters where the state's unemployment rate exceeds a certain threshold. The increased FMAP can be up to 95 percent. 2. It requires the Secretary of Health and Human Services to make advance payments to states based on projected unemployment data and then make retrospective adjustments once final unemployment data becomes available. 3. It allows states to apply any "excess" FMAP percentage points (above 95 percent) to previous quarters during the "look-back period" to increase their FMAP for those quarters. 4. It excludes the increased FMAP amounts from the Medicaid funding caps for U.S. territories and includes a special rule for adjusting Children's Health Insurance Program (CHIP) allotments during fiscal years with economic downturn quarters.

Budget and Finance

https://www.congress.gov/bill/117th-congress/senate-bill/439/all-info