| Today, the Centers for Medicare & Medicaid Services (CMS) released an informational bulletin titled Notice of Technology and Process Upgrades for Account Transfer Functionality for States Served by Marketplaces on the Federal Platform. The bulletin introduces Account Transfer 2.0, a multi-year CMS initiative to modernize coverage transitions and support seamless coordination between state Medicaid and Children's Health Insurance Program (CHIP) agencies and Marketplaces on the Federal platform. This initiative will ensure that eligible individuals have a greater chance of maintaining continuous coverage as they move between insurance affordability programs. Additionally, the new services built by CMS will enhance technical assistance to states and reduce state burden and cost for eligibility and enrollment systems. The bulletin highlights planned improvements to the existing account transfer process, anticipated benefits for state Medicaid and CHIP agencies, and opportunities for state engagement. The informational bulletin also reminds state Medicaid and CHIP agencies about the availability of enhanced federal financial participation (FFP) for any related expenditures. To learn more about Account Transfer 2.0 view the informational bulletin on Medicaid.gov. |
