Easy initial Unicam approval to advance bill proposing to boost Medicaid reimbursements - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
February 12, 2025 Newswires
Share
Share
Tweet
Email

Easy initial Unicam approval to advance bill proposing to boost Medicaid reimbursements

TODD VON KAMPEN Star-HeraldStar-Herald

North Platte state Sen. Mike Jacobson's bill to extend Nebraska's quest for more federal Medicaid help beyond hospitals sailed Tuesday to first-round approval in the Legislature.

Lawmakers debated for about 15 minutes before voting 39-0 to advance Legislative Bill 527, which aims to boost Medicaid reimbursements for nonhospital health providers much as a Jacobson-sponsored 2024 law (LB 1087) intends for hospitals.

If it's passed and signed by Gov. Jim Pillen, LB 527 would collect an initial 6% "provider assessment" on non-Medicare insurance premiums written under a health maintenance organization "certificate of authority."

Those funds then would be continually recycled between those insurers and the state, serving as Nebraska's share of matching funds to unlock more federal money to repay physical health providers for serving Medicaid patients.

"This bill is incredibly important to the future of health care in our state, especially in rural areas and especially for pregnant women and Nebraska children," Jacobson told senators.

The mechanism could secure $239.2 million in additional federal Medicaid support for nonhospital health providers in 2026-27, the Legislative Fiscal Office said in its "fiscal note" on LB 527's potential impact.

LB 1087, signed by Pillen last April, collects a similar initial 6% tax on Nebraska hospitals' gross income. The state is awaiting final U.S. Center for Medicare and Medicaid Services approval to open its spigot to supply as much as $1 billion a year to help offset hospitals' Medicaid costs.

Worries that the Trump administration will instead gut Medicaid support through its aggressive cost-slashing campaign produced the lone moment of drama in Tuesday's LB 527 debate.

"Do you think this is one of the things the federal government will eventually not fund anymore?" asked Sen. Ben Hansen of Blair, who chaired the Health and Human Services Committee when LB 1087 passed before being elected Executive Board chairman this year.

"I would tell you that with 1087, there are so many states in the Union that are utilizing that today — and this is Medicaid dollars (for hospitals) — that I think it'd be tremendously difficult for the administration to cut out that funding," replied Jacobson, chairman of the Banking, Commerce and Insurance Committee.

Fewer states are leveraging federal help with their nonhospital Medicaid costs, he added, but some Southern states use provider assessments to have Washington cover the entirety of their states' Medicaid costs.

"So I think there would be a lot of outcry if DOGE or the president would move to repeal or get rid of that funding," Jacobson said, referring to the Elon Musk-led Department of Government Efficiency as well as President Donald Trump.

Senators asked a couple of other questions on bill details. They also voted 39-0 to adopt a Banking Committee amendment with minor changes suggested by the Nebraska Department of Insurance.

LB 527 will need to be approved two more times on the Unicameral floor before it can go to the governor.

Older

California Depression & Anxiety Therapy: Magellan Mental Health Coverage Update

Newer

Millions of Texans face higher costs for worse health insurance if some in congress get their way

Advisor News

  • Advisors underestimate demand for steady, guaranteed income, survey shows
  • D.C. Digest: 'One Big Beautiful Bill' rebranded 'Working Families Tax Cut'
  • OBBBA and New Year’s resolutions
  • Do strong financial habits lead to better health?
  • Winona County approves 11% tax levy increase
More Advisor News

Annuity News

  • An Application for the Trademark “EMPOWER PERSONAL WEALTH” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Talcott Financial Group Launches Three New Fixed Annuity Products to Meet Growing Retail Demand for Secure Retirement Income
  • Judge denies new trial for Jeffrey Cutter on Advisors Act violation
  • Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER BENEFIT CONSULTING SERVICES” Filed: Great-West Life & Annuity Insurance Company
  • 2025 Top 5 Annuity Stories: Lawsuits, layoffs and Brighthouse sale rumors
More Annuity News

Health/Employee Benefits News

  • MILLIONS OF CALIFORNIANS NOW HAVE HEALTH PLAN COVERAGE FOR INFERTILITY AND FERTILITY SERVICES
  • Several new laws to take effect this year
  • CT Senator, Health Care Advocate Push For Action On Health Insurance Costs
  • Study Results from Kristi Martin and Colleagues Broaden Understanding of Managed Care and Specialty Pharmacy (Drugs anticipated to be selected for Medicare price negotiation in 2026 for implementation in 2028): Drugs and Therapies – Managed Care and Specialty Pharmacy
  • Amid rising health care costs, Maryland officials to boost ‘Easy Enrollment’
More Health/Employee Benefits News

Life Insurance News

  • Conn. regulators prep PHL Variable for liquidation after selloff fails
  • New York Life Enters 2026 with Industry-Leading Financial Strength Ratings
  • Talcott Financial Group Launches Three New Fixed Annuity Products to Meet Growing Retail Demand for Secure Retirement Income
  • Venerable Successfully Acquires Investment Adviser and Closes Reinsurance Transaction
  • One Bellevue Place changes hands for $90.3M
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.5% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet