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Health News Florida

New LIP Formula Brings Uncertainty

hospital workers in hospital

Florida lawmakers finalizing the state budget have are dealing with a new formula for the federal  Low Income Pool funding model that helps hospitals cover costs for treating the uninsured.

It includes a $400-million reduction in funds this year, and no guarantee on the rate of return on local dollars that contributing hospitals will get, the Florida Times-Union reports.

While state lawmakers have resolved their formula, questions remain about how local dollars needed to fund charity care at hospitals will actually come from, according to the Times-Union.