Today the Centers for
Medicare & Medicaid Services (CMS) announced that the report on
Medicaid Expenditures for Long-Term Services and Supports (LTSS) in federal
fiscal year (FY) 2016 is now available. Federal and state spending on
Medicaid LTSS totaled approximately $167 billion in FY 2016, a 4.5 percent
increase from $159 billion in FY 2015.
Home and community-based
services (HCBS) have accounted for almost all Medicaid LTSS growth in
recent years, while institutional expenditures have remained close to the
FY 2010 amount. HCBS spending increased 10 percent in FY 2016, greater than
the five percent average annual growth from FY 2011 through 2015.
Institutional service spending decreased two percent in FY 2016 following
an average annual increase of 0.3 percent over the previous five years. LTSS
provided through managed care continued to grow as states have expanded the
use of managed LTSS delivery systems. Managed LTSS expenditures were $39
billion in FY 2016, a 24 percent increase from $32 billion in FY 2015.
For the full report visit: https://www.medicaid.gov/medicaid/ltss/reports-and-evaluations/index.html.
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