This bill proposes an increase in reimbursement rates for skilled nursing homes under the Wyoming Medical Assistance and Services Act by five percent (5%) for services rendered between July 1, 2026, and June 30, 2028. It includes an appropriation of $4.7 million from the general fund and an equal amount from federal funds specifically for this purpose, ensuring that these funds are not used for any other purpose and will revert to the state if unspent by the end of the designated period. Additionally, the Department of Health is required to report to the joint appropriations committee and the joint labor, health, and social services interim committee by October 31, 2027, detailing the costs associated with the increased reimbursement and any recommendations for future modifications.

The bill also mandates the Department of Health to create necessary rules for implementation and specifies that the act will take effect on July 1, 2026, with certain sections becoming effective immediately upon the bill's passage. This legislative action aims to enhance financial support for skilled nursing facilities, thereby improving the quality of care for residents during the specified timeframe.