Medicaid offset amount definition

Medicaid offset amount means the amount resulting from the calculations described in Iowa Code section 426B.3 as amended by 2014 Iowa Acts, House File 2463, section 82(5)“d.”
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Examples of Medicaid offset amount in a sentence

  • A county’s Medicaid offset amount for the fiscal year beginning July 1, 2013, shall be equal to eighty percent of the result.

  • If the county receives an equalization payment in the fiscal year following the calculation year, the county shall repay the Medicaid offset amount to the state from that equalization payment.

  • For the purposes of this subsection, unless the context otherwise requires:(1) “Base year” means the fiscal year prior to the fiscal year for which a Medicaid offset amount is calculated.

  • This approach increases the involvement and commitment of the objectives.

  • The department shall adopt rules in consultation with the county finance committee specifying the information to be used in calculating a Medicaid offset amount.

Related to Medicaid offset amount

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.