NJ owes $37M to counties for Medicaid Overpayment
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on May 31, 2016 at 1:41 PM, updated May 31, 2016 at 5:38 PM
WASHINGTON — New Jersey owes its counties $37 million because they paid too much in Medicaid expenses as the nation recovered from the Great Recession, U.S. Rep. Bill Pascrell Jr. said Tuesday.
President Barack Obama’s stimulus package, which the Congressional Budget Office said created or saved millions of jobs, provided extra federal funding for Medicaid as the economic downturn forced more Americans into the health care program. For New Jersey, that meant an additional $2.7 billion.
The counties’ contributions to the state for Medicaid, however, were too high under the stimulus law.
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