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Nevada To Restore $301M In Planned Budget Cuts To Medicaid

CARSON CITY, Nev. (AP) — Lawmakers in Nevada have restored more than $301 million in planned cuts to Medicaid originally enacted last summer as the economy made a downward turn during the coronavirus pandemic.

The Las Vegas Review-Journal reported Wednesday that state lawmakers, who were facing a $1.2 billion cut at the time, are now awaiting additional approvals and funding.

The restored funds amount to $125 million this fiscal year that ends in June and $176 million in the two-year budget starting July 1. Lawmakers cut Medicaid reimbursements to medical service providers by 6% in July.

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But recent revenue projections show the state can take in about $600 million more than expected over the next years.