The bill outlines a revised Fiscal Year 2025 transfer schedule for the Medical Assistance Trust Fund, as mandated by Section 2E of Chapter 140 of the Acts of 2024. This schedule reflects an increase in allotment due to Section 128 of Chapter 248 of the Acts of 2024, providing an operating subsidy from the General Fund to the Medical Assistance Trust Fund. The funds will be allocated for various purposes, including MassHealth provider payments, public hospital transformation initiatives, and Medicaid care organization payments.
The revised transfer schedule specifies monthly transfer amounts, with a total allocation of $837,827,000 for the fiscal year. Notably, the schedule includes new legal language indicating the addition of an "OT Schedule" and the inclusion of June 2025 as a transfer month, which was not previously specified. The Comptroller of the Commonwealth, William McNamara, has committed to notifying the committees of any further changes to the schedule.