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HHS finalizes rule guaranteeing 100% funding for new Medicaid beneficiaries

HHS Secretary ­Kathleen Sebelius recently announced a final rule with a request for comments that provides, effective January 1, 2014, the federal government will pay 100% of the cost of certain newly eligible adult Medicaid beneficiaries. These payments will be in effect through 2016, phasing down to a permanent 90% matching rate by 2020.