2020 Nebraska Revised Statutes
Chapter 68 - Public Assistance
68-996 Medicaid Managed Care Excess Profit Fund; created; use; investment.
68-996. Medicaid Managed Care Excess Profit Fund; created; use; investment.
The Medicaid Managed Care Excess Profit Fund is created. The fund shall contain money returned to the State Treasurer pursuant to subdivision (3) of section 68-995. The fund shall first be used to offset any losses under subdivision (2) of section 68-995 and then to provide for services addressing the health needs of adults and children under the Medical Assistance Act, including filling service gaps, providing system improvements, and sustaining access to care as determined by the Legislature. The fund shall only be used for the purposes described in this section. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.
Source
- Laws 2020, LB1158, ยง 3.
- Effective Date: August 11, 2020
Cross References
- Nebraska Capital Expansion Act, see section 72-1269.
- Nebraska State Funds Investment Act, see section 72-1260.
