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Increased Financial Support for Medicaid in U.S. Territories

This act extends and increases financial support for Medicaid healthcare programs in U.S. territories like Puerto Rico. This means residents in these territories will have continued access to federal healthcare funding for a longer period, potentially improving healthcare access and quality. It also introduces new transparency and oversight requirements for spending in Puerto Rico.
Key points
Extends federal financial support for Medicaid programs in U.S. territories until 2026 or 2029, ensuring stable healthcare funding.
Increases funding caps for Puerto Rico and other territories, potentially leading to better access to medical services.
Requires Puerto Rico to implement an asset verification program by the end of fiscal year 2024 to ensure program integrity.
Mandates Puerto Rico to designate an officer for contracting and procurement oversight within its Medicaid program to enhance spending transparency.
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Additional Information
Print number: 117_HR_4406
Sponsor: Rep. Soto, Darren [D-FL-9]
Process start date: 2021-07-13