Bill > LB382

This bill modifies how the Medicaid Managed Care Excess Profit Fund can be used, specifically expanding its potential applications and providing a dedicated funding stream for area agencies on aging. The bill amends existing law to add a new provision allowing reimbursement of actual costs for eligible activities and services provided by area agencies on aging. The Legislature intends to appropriate two million dollars in each of fiscal years 2025-26 and 2026-27 from the fund, with those funds to be equally distributed among Nebraska's eight area agencies on aging. The bill also updates the existing reimbursement mechanism for these agencies, clarifying that reimbursement can come from state funds (including the new cash fund appropriations), federal funds (such as those from the Older Americans Act), and other available funds. The agencies will continue to be reimbursed for 75% of their actual costs for eligible activities and services, with a proportional reduction if insufficient funds are available. The bill ensures that these funds can only be used for specific, predefined purposes related to health and social services, including filling service gaps, system improvements, early intervention programs, medical respite services, and translation services.

Health and Social Services

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59041