The FMAP (Federal Medical Assistance Percentage) is the federal portion of the SHARS rates submitted on Medicaid claims for LEAs participating in SHARS. The FMAP dictates how large the potential pool of reimbursement the district can receive under the SHARS program. Reductions in FMAP equate to a reduction in both … Read More
Enhanced FMAP to be Applied to SHARS
On March 18th, the President signed into law the Families First Coronavirus Response Act (FFCRA) to help states address higher healthcare costs and the increased caseload expected as a result of COVID-19. The FFCRA provides a temporary 6.2 percentage point increase to the state’s Federal Medical Assistance Percentage (FMAP), … Read More