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Posted by Worker A
on July 7, 2017, 9:40 am, in reply to "Re: Today may be the beginning of the end of Illinois "
A federal judge has ruled that the state of Illinois needs to speed up its Medicaid payments.
The state owes about $1 billion to local doctors and hospitals, and must now pay an extra $83 million each month just to catch up by the end of the fiscal year. These extra payments are on top of the normal $293 million the state owes each month.
The state’s new $376 million monthly Medicaid payment is problematic on its own, and it’s sure to create even greater cash-flow problems for the state.
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