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NASHVILLE — State Rep. Tandy Darby, R-Greenfield, today announced Tennessee House Republicans passed HJR0018, a resolution approving the waiver for Tennessee’s shared savings proposal from the Center for Medicare and Medicaid Services (CMS).
The waiver amendment is the first of its kind in the nation. The proposal rewards Tennessee for its efficient fiscal management and gives the state the ability to better administer TennCare from within Tennessee.
The shared savings plan allows Tennessee to keep a share of underutilized federal funds to be reinvested in health-related services for TennCare enrollees. These enhanced programs include prioritizing maternal health, serving additional needy populations, eliminating the waitlist for intellectual and developmental disability services, and addressing other state-specific public health crises.
This proposal gives Tennessee more control over TennCare, ensuring a higher quality of care and more efficient services for the approximate 1.4 million Tennesseans enrolled in the program. With the shared savings, TennCare will have the flexibility to add new populations and benefits without federal approval, adequately address fraud, more effectively manage the pharmacy program, and invest in health rather than simply healthcare.