GRANT MONEY HELPS SENIORS REMAIN IN THEIR HOMES
On March 2, 2012, the Centers for Medicare & Medicaid Services (CMS) announced that New Hampshire will be the first state to receive new Medicaid grant money provided through the Affordable Care Act’s Balancing Incentive Program. New Hampshire will receive $26.5 million in order to provide programs which enable seniors to continue living in their homes in lieu of institutionalized care.
States are eligible for these grants in the form of higher Medicaid matching payments if they currently spend less than 50 percent of their total long-term care costs on community-based options. The enhanced Medicaid payments must be spent increasing the availability of long-term community-based services and support. New Hampshire, in partnership with community organizations throughout the State, plans to use the grant money to further develop the systems of community-based care that serve seniors.
New Hampshire’s grant funds will run from April 1, 2012, through September 30, 2015.