Andy Beshear: “We will not have to implement those 4% provider fee schedule…”

“Today I am announcing that I'm taking action. My administration will apply $255 million from these funds to close the Medicaid gap and reverse the General Assembly's cuts. This means the providers and services … We will not have to implement those 4% provider fee schedule cuts. … would go to the Rainy Day Fund, also called the Budget Reserve Trust Fund. But even with this investment in Medicaid, this reversal of cuts, I'll still deposit over 400 million unexpected dollars in that fund by the end of the fiscal year.” (07:09–07:12)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.