State Medicaid Fund Ends Fiscal Year with Projected Surplus

July 27, 2023 8:44 AM | Becca Liebers

According to a recent report from the Wisconsin Department of Health Services, the state’s Medicaid program finished the 2021-23 budget biennium, which ended  on June 30, with a projected $875.5 million surplus. The projected surplus is $79.1 million more than what DHS projected earlier this year and is due to numerous factors, including lower costs for prescription drugs and long-term health care.  After the exact amount of the surplus is confirmed at the of this month, the additional funds will be transferred to the state’s general fund. 

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