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FHA Hospital Labor Cost Analysis
Floridians approved a ballot initiative on November 3, 2020, that amended the state Constitution to gradually increase the minimum wage to $15.00 an hour by 2026. The implementation of this constitutional amendment, the Florida Minimum Wage Act, was passed in the 2022 Legislative Session as part of the General Appropriations Act (GAA). The budget provided over $600 million in funding to AHCA to fund this minimum wage increase for direct care employees for Medicaid providers. Of this total, $31.3 million is for hospital inpatient and outpatient rates. Download the issue brief here. |