HB 26-1367

House Bill 26-1367 allows Colorado to keep extra federal money it received during the COVID-19 pandemic for Medicaid services. This extra funding, which is more than the usual amount from the federal government, will help cover costs for healthcare provided through Medicaid. Once all the bills and payments related to this extra funding are settled, the state will no longer be able to keep this additional money. The bill has been signed into law, meaning Colorado can now retain this extra funding until the process is completed.

Official Summary

The act recreates a provision that authorizes the state to retain the percentage of reimbursement that is in excess of the 50% federal match received for certain medicaid services provided (enhanced federal financial participation) during the COVID-19 pandemic.     The provision is repealed once the reconciliation of all reimbursements and payments for services delivered during the period of enhanced federal financial participation has been completed.(Note: This summary applies to this bill as enacted.)

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