Nebraska § 68-996 - Medicaid Managed Care Excess Profit Fund; created; use; investment.
Full text of Nebraska Revised Statutes of Nebraska § 68-996 — Medicaid Managed Care Excess Profit Fund; created; use; investment., with citation guidance and answers to common questions.
§ 68-996. Medicaid Managed Care Excess Profit Fund; created; use; investment.
(1) The Medicaid Managed Care Excess Profit Fund is created. The fund shall contain money returned to the State Treasurer pursuant to subdivision (1)(c) of section 68-995.
(2) The fund shall first be used to offset any losses under subdivision (1)(b) of section 68-995 and then to provide for (a) services addressing the health needs of adults and children under the Medical Assistance Act, including filling service gaps, (b) system improvements, (c) evidence-based early intervention home visitation programs, (d) medical respite services, (e) translation and interpretation services, (f) coverage for continuous glucose monitors as described in section 68-911, (g) other services sustaining access to care, (h) services under the Nebraska Prenatal Plus Program, (i) grants pursuant to the Intergenerational Care Facility Incentive Grant Program, (j) evidence-based nurse home visiting services, (k) domestic violence services, (l) reimbursement of the actual costs of providing eligible activities and services described in section 81-2222, and (m) the Family Resource and Juvenile Assessment Center Pilot Program, as determined by the Legislature. The fund shall only be used for the purposes described in this section.
(3) Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act. Beginning October 1, 2024, any investment earnings from investment of money in the fund shall be credited to the General Fund.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 68-996
What does Revised Statutes of Nebraska § 68-996 cover?
Section 68-996 ("Medicaid Managed Care Excess Profit Fund; created; use; investment.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 68-996?
A common citation format is "Revised Statutes of Nebraska § 68-996" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 68-996 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.