Industry Resources | September 9, 2020
Nevada Assembly Bill #3 Of 2020: An Act Relating To State Financial Administration
The legislation was enacted on July 19, 2020, by the Nevada Legislature during a Special Session to address a budget shortfall due to the coronavirus disease 2019 (COVID-19) pandemic and its subsequent economic impact. The state was facing a budget shortfall of nearly $1 billion. A key provision, directs the Nevada Department of Health and Human Services to cut fee-for-service Medicaid rates by 6%. The bill made a total of $130 million in cuts to the Medicaid program . . .