“I cannot come to grips with a program that’s costing that much with very little value in it,” Lambeth said at the June committee meeting. “Is it a good concept? Yes. But I recommend we turn this down because economically, it makes no sense.”
The committee followed his advice. But a state Medicaid spokesperson disputes Lambeth’s analysis. Lambeth cited both the costs and savings from fiscal year 2025, but that’s not an accurate comparison, the spokesperson said, because the program’s investments and savings don’t show up in the same year.
The actuarial standard requires two fiscal years of data before estimating t
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