While most states are instituting austerity policies and spending cuts on their Medicaid programs, Colorado is bucking that trend, as Gov. John Hickenlooper proposed an 8.6 percent increase in healthcare funding for 2013-14, according to a Denver Post report.
The increase would amount to $475.6 million, with 40 percent of that spending increase coming from the federal government, according to the report. Colorado plans to add 51,000 beneficiaries to its rolls next year, which will put its Medicaid count to a record-high 700,000 people.
The budget, which also included increased funding to schools and raises for state employees, still must go through the state's Joint Budget Committee this spring.
The increase would amount to $475.6 million, with 40 percent of that spending increase coming from the federal government, according to the report. Colorado plans to add 51,000 beneficiaries to its rolls next year, which will put its Medicaid count to a record-high 700,000 people.
The budget, which also included increased funding to schools and raises for state employees, still must go through the state's Joint Budget Committee this spring.
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