This bill amends sections 81-2224 and 68-996 of the Revised Statutes of Nebraska to enhance funding for aging services through the Medicaid Managed Care Excess Profit Fund. It establishes that the fund will be utilized to address health needs for adults and children under the Medical Assistance Act, including filling service gaps and providing various services such as translation, medical respite, and reimbursement for eligible activities as defined in section 81-2222. Notably, the bill specifies that the fund will be used to reimburse designated area agencies on aging for the actual costs of providing these services.

Additionally, the bill expresses the Legislature's intent to appropriate two million dollars for each of the fiscal years 2025-26 and 2026-27 from the Medicaid Managed Care Excess Profit Fund to the state's eight area agencies on aging. This funding aims to support additional eligible activities and services. The reimbursement structure for area agencies is also clarified, ensuring they receive seventy-five percent of the actual costs incurred, with provisions for proportional reductions if funds are insufficient. The original sections of the statutes being amended are repealed as part of this legislative update.

Statutes affected:
Introduced: 68-996, 81-2224
Final Reading: 68-996, 81-2224
Slip Law: 68-996, 81-2224