Oklahoma’s Medicaid reimbursement rates to increase 5%
The Associated Press - August 24, 2019 8:35 am
OKLAHOMA CITY (AP) – Health care providers who offer services to SoonerCare patients in Oklahoma are expected to see a 5% rate increase that will raise the state’s Medicaid reimbursement rate to its highest level in more than five years.
The Oklahoma Health Care Authority said Friday that the new rate will be effective October 1st, contingent upon its approval by the federal Centers for Medicare & Medicaid Services.
The rate increase is required under a bill passed by the state Legislature earlier this year. The agency projects that the increase will require a state budget of about $21.3 million this fiscal year and about $28.3 million next year when fully implemented.
Certain services are excluded from the reimbursement rate increase, including durable medical equipment, non-emergency transportation, and services financed through appropriations to other state agencies.