Wyoming Statutes
§ 42-4-116 — Premium calculation
(a)The calculation of premium for services under W.S.
42-4-115 shall be as follows:
(i)Determine the total expenses of the Medicaid
program for the most recent state fiscal year and the total
number of clients in the Medicaid program served in that period;
(ii)Deduct from the totals in paragraph (i) of this
subsection the clients over the age of sixty-five (65) years and
the expenses associated with those clients;
(iii)Divide the resulting expenses calculated
pursuant to paragraph (ii) of this subsection by the clients
remaining after the deduction pursuant to paragraph (ii) of this
subsection. The result is the basic annual premium;
(iv)Add to the basic premium a risk factor of fifty
percent (50%) of the basic premium to recover additional costs
incurred by the population eligible to
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Nearby Sections
15
§ 42-4-101
Short title§ 42-4-102
Definitions§ 42-4-103
Authorized services and supplies§ 42-4-105
Repealed by Laws 1991, ch. 221, § 3§ 42-4-107
Uniform application throughout state;
discrimination prohibited; pilot projects authorized§ 42-4-108
Administrative hearings§ 42-4-109
Renumbered and Repealed§ 42-4-110
Charges for inpatient hospital services§ 42-4-114
Cooperative agreements authorized