You may have recently heard of some changes that were approved in Madison around the Shares reimbursements for 4 and 5 Star Providers. This change could have a major impact on your program.
The proposal will place a cap on the tiered bonus system for 4 and 5 star providers like you. The State wants to cap your bonus reimbursement to not exceed your private pay rate. To demonstrate how this might affect you, take a look at the following chart from the Wisconsin Council on Children and Families:
Keep in mind, this is per child, per week. If you have 30 or more children, the annual reduction would be over $40,000.
We have created a short position statement on our website. If you support this statement, you can sign your name and Provider information. Once we gather signatures we will print the information up and send it to the State Joint Finance Committee in Madison. You can also use your Smartphone to fill out the form.
CLICK HERE TO SIGN THE POSITION STATEMENT