Medicaid underfunded the actual cost of long term care this year by a total of $4.2 billion, a new study estimates.
The states with the worst cases of Medicaid nursing facility underpayments are New York, with $548 million in underfunding, and Illinois, with $379 million in underfunding, analysts at Eljay L.L.C., Louisville, Ky., report in a study commissioned by the American Health Care Association, Washington.