The Centers for Medicare & Medicaid Services has issued a report on FY 2016 spending for Medicaid-covered long-term services and supports. The highlights of the $167 billion in state and federal spending include:
- Home and community-based services have accounted for almost all Medicaid long-term services and supports growth in recent years.
- Home and community-based services spending increased 10 percent in FY 2016, greater than the five percent average annual growth from FY 2011 through 2015.
- Institutional spending remained close to the FY 2010 amount.
- Institutional service spending decreased two percent in FY 2016 following an average annual increase of 0.3 percent over the previous five years.
- Long-term services and supports provided through managed care continued to grow as states expanded their use of managed long-term services and supports delivery systems.
- Managed long-term services and supports spending amounted to $39 billion in FY 2016, a 24 percent increase from $32 billion in FY 2015.
Learn more about Medicaid spending and trends for long-term care and long-term services and supports in the new CMS report “Improving the Balance: The Evolution of Long Term Services and Supports, FY 1981-2014,” which can be found here.