Explaining the state’s proposed HMO tax
Regarding HF 2739, a bill which some of you have reached out about, here is the background and facts about the bill. It is a bill in the Ways and Means Committee, but it actually deals with the Health and Human Services budget. Iowa’s Medicaid program consumes an ever-growing amount of the state’s budget. In the 1990s, Medicaid generally took about 7 percent of the budget. Since the turn of the century, Medicaid spending has grown significantly. Last year, Medicaid accounted for 22 percent of the state’s budget. This year, the state is also absorbing the end of extra federal ...