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Friday, June 22, 2018, 12:35 a.m.

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Medicaid’s new thrift baffles lawmakers

The rapidly shrinking state Medicaid deficit can’t be explained by anything other than an “announcement effect” of the state’s far-reaching payment overhaul, which prompted healthcare providers to rein in costs and resulted in reducing the $5 billion program’s growth rate to a 25-year low, the state Medicaid director told lawmakers Wednesday.

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