JONESBORO, AR (KAIT) - Increasing drug costs have risen the state's 5-year match for Arkansas Works by $25 million, a consultant told legislators on Monday.
According to a report from Talk Business & Politics, the consultant group told the Health Reform Legislative Task Force that the waiver the state is seeking from the federal Department of Health and Human Services includes a state match that has risen by $25.4 million.
The total estimated cost of the program is not $9.35 billion.
Arkansas Works will be the new version of Arkansas's private option, the state program that uses federal Medicaid money to purchase private health insurance for low-income residents.
The state is in the process of seeking a federal waiver from the federal government to make the changes to the program.
For more information on the rising cost of drugs and how this affects the program, click here.
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