This bill mandates that the Oklahoma Health Care Authority include specific information in its annual budget request related to the state Medicaid program. It requires the Authority to present a supplemental item that details the new state and federal funding needed to cover the additional costs for reimbursing nursing facilities and intermediate care facilities for individuals with intellectual disabilities, based on the most recent audited costs. The calculation of these audited costs will be derived from the latest cost report submitted to the Authority.

The bill introduces a new section to the Oklahoma Statutes, designated as Section 1-1925.2A of Title 63, and specifies that it will take effect on November 1, 2025. This legislative change aims to ensure that the funding for Medicaid services is accurately reflected and calculated, thereby supporting the financial needs of facilities that care for individuals with intellectual disabilities.