This bill aims to enhance funding for aging services in Nebraska by amending existing statutes related to the Medicaid Managed Care Excess Profit Fund and the reimbursement process for area agencies on aging. It establishes that funds from the Medicaid Managed Care Excess Profit Fund will be appropriated to reimburse designated area agencies on aging for eligible activities and services. The bill specifies that the fund will be utilized for various health-related services, including filling service gaps and providing reimbursement for actual costs incurred in delivering these services, as defined in section 81-2222.

Additionally, the bill expresses the Legislature's intent to allocate two million dollars in both fiscal years 2025-26 and 2026-27 to the eight area agencies on aging, ensuring an equal distribution of funds. The reimbursement structure is also clarified, stating that designated area agencies will receive seventy-five percent of the actual costs from state and federal funds, with provisions for proportional reductions if funds are insufficient. The original sections of the statutes being amended are repealed, streamlining the legal framework for these appropriations and reimbursements.

Statutes affected:
Introduced: 68-996, 81-2224