H259 - 2023 Appropriations Act. (SL 2023-134)

Overview: Section 9E.7 of S.L. 2023-134 changes the calculation of the modernized hospital assessments under Part 2 of Article 7B of Chapter 108A of the General Statutes for one taxable quarter to allow the Department of Health and Human Services (DHHS) to collect an additional $43 million in hospital assessments. This additional assessment amount offsets $43 million in Medicaid disproportionate share adjustment receipts that were anticipated for the 2022-2023 fiscal year but that were not collected as a result of the retroactive implementation of the healthcare access and stabilization program (HASP) which is a new initiative providing increased Medicaid reimbursements to hospitals participating in Medicaid managed care. This section of the act allows DHHS to use the additional hospital assessment receipts in the same manner as was allowed for the disproportional share adjustment receipts that are being offset.

The effective date of this section of the act is the later of the following dates: (i) the first day of the next assessment quarter after this act becomes law or (ii) the first day of the next assessment quarter after the Centers for Medicare and Medicaid Services (CMS) approves HASP hospital reimbursements for the 2022 2023 fiscal year that are greater than $400 million. Based on the timing of these conditions being met, this section became effective January 1, 2024.