Oklahoma § 63-3250.8 - Medicaid Payment Reimbursement Fund

§ 63-3250.8. Medicaid Payment Reimbursement Fund

A. 1. There is hereby created in the State Treasury a

revolving fund to be designated the “Medicaid Payment Reimbursement

Fund”.

2. The fund shall be a continuing fund, not subject to fiscal

year limitations, and shall consist of:

a.

all monies received by the Oklahoma Health Care

Authority pursuant to the Oklahoma Community Hospitals

Public Trust Authorities Act and otherwise specified

or authorized by law including, but not limited to,

monies received by the Authority from assessments

levied on hospitals included in a hospital district,

and

b.

interest attributable to investment of money in the

fund.

3. All monies accruing to the credit of the fund are hereby

appropriated and shall be expended by the Authority for services to

Medicaid beneficiaries residing within or receiving services within

the boundaries of the community hospitals public trust.

B. Any monies received from any assessment levied on hospitals

within a hospital district for purposes of providing the state

matching funds for supplemental Medicaid programs pursuant to the

provisions of the Oklahoma Community Hospitals Public Trust

Authorities Act shall be submitted to the Oklahoma Health Care

Authority for deposit into the Medicaid Payment Reimbursement Fund.

C. The Oklahoma Health Care Authority shall transfer to the

Medicaid Payment Reimbursement Fund any payment received by the

Oklahoma Statutes - Title 63. Public Health and Safety

Oklahoma Health Care Authority pursuant to the Oklahoma Community

Hospitals Public Trust Authorities Act and rules promulgated by the

Oklahoma Health Care Authority pursuant to federal law and the

provisions of the Oklahoma Community Hospitals Public Trust

Authorities Act.

D. 1. The Oklahoma Health Care Authority shall make Medicaid

reimbursement payments to hospitals to the extent permitted by

federal law and rules promulgated by the Oklahoma Health Care

Authority pursuant to federal law.

2. Each community hospital public trust authority established

shall be limited to receipt of supplemental Medicaid program funds

for its designated area.

Added by Laws 2003, c. 432, § 8, emerg. eff. June 7, 2003. Amended

by Laws 2004, c. 460, § 1, emerg. eff. June 4, 2004.