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Pelosi Statement on Additional Aid to States In Medicare Part D Payments
Date:2/19/2010

y Act will deliver more than $83 billion to California and has already generated more than 250,000 jobs in our state and continues to fulfill its mission of generating jobs and economic growth. The House has also passed the Jobs for Main Street Act, providing billions more in relief for states, including a six-month extension of the enhanced FMAP, which would continue this additional aid to states."

Background:

The American Recovery and Reinvestment Act included a temporary increase for states in federal medical assistance percentage payments (FMAP). This decision applies the enhanced FMAP rates on "clawback" payments made by states to the federal government to offset the costs of added expense to Medicare Part D for assuming the cost of prescription drugs for individuals who are eligible for both Medicare and Medicaid.

SOURCE Office of the Speaker of the House

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SOURCE Office of the Speaker of the House
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