This bill amends sections 81-2224 and 68-996 of the Nebraska Revised Statutes 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 appropriated to reimburse designated area agencies on aging, with an intent to allocate two million dollars for fiscal years 2025-26 and 2026-27, distributed equally among the state's eight area agencies.

Additionally, the bill outlines that the reimbursement to area agencies on aging will cover seventy-five percent of the actual costs of providing eligible activities and services, funded through state and federal resources. The language clarifies that if the available funds are insufficient, reimbursements will be proportionately reduced. The bill also repeals the original sections of the statutes that are being amended, ensuring that the new provisions take effect.

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