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. The bill also specifies that the fund will be appropriated to reimburse designated area agencies on aging, with a legislative intent to allocate two million dollars for fiscal years 2025-26 and 2026-27, distributed equally among the state's eight area agencies on aging.

Additionally, the bill outlines the reimbursement structure for area agencies on aging, ensuring they receive seventy-five percent of the actual costs for eligible activities and services. It clarifies that reimbursements will come from state funds, including those appropriated under this act, federal funds, and other available funds. If the available funds are insufficient, reimbursements will be proportionately reduced. The original sections of the statutes being amended are repealed, streamlining the legal framework for funding aging services in Nebraska.

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