Insufficient stimulus funds means elimination of acupuncture on July 1
March 31, 2009 -- As part of the budget package approved in February, California Treasurer Bill Lockyer and Finance Director Mike Genest had until April 1 to determine whether California would receive at least $10 billion in federal stimulus funds that could be applied to the state general fund through mid-2010.
On Friday, March 27, 2009, Lockyer and Genest concluded that California will receive only $8.2 billion in stimulus funds for its general fund.
Acupuncture Todayreported in April on this possibility. We will be reporting on this more in a future print issue.
Because the federal stimulus funds did not meet the $10 billion requirement established by the budget package, all funding for optional benefits, including acupuncture, within the Medi-Cal program will end on July 1, 2009. Consequently, Medi-Cal acupuncture benefits will terminate on this date.