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SCHIP is a block grant program in which the federal government makes a
capped amount of new funding available for each fiscal year. This
capped funding is divided annually among the states, determined by a formula set out in the law. The federal government pays for 65 percent to 83 percent of each state's SCHIP initiatives. The match rate is based on the regular Medicaid match rate, but is significantly higher. After 10 years, SCHIP was up for renewal in 2007. Congress undertook efforts to reauthorize the program for another five years. Bi-partisan bills passed Congress but were ultimately vetoed by the President. To ensure SCHIP continued, a compromise measure funded the program until March 2009. Resources on SCHIP financing, including rules under the extension, follow. All documents are available in PDF format unless otherwise noted. |
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