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Georgia expects $608 million Medicaid deficit

Atlanta Journal-Constitution, January 22, 2010

Georgia is projecting a $608 million deficit in Medicaid, and Gov. Sonny Perdue is proposing a tax on hospitals and managed care insurers to help bridge the gap, officials said. The $608 million Medicaid deficit is projected for fiscal year 2011, which begins in July. Perdue's proposed budget calls for a 1.6% tax on net patient revenue of hospitals and premium revenue on managed care insurers. The two fees would generate $345 million annually, the Atlanta Journal-Constitution reports.