clawback

clawback
 n.β€” Β«While the dual eligibles in 2006 will qualify for federal Medicare drug benefits, states won’t get to keep all of the savings from dropping the indigent seniors from state-financed Medicaid drug plans. Instead, states will get hit with what’s been coined the “clawback” provision, which will require states to finance a large share of the federal drug benefit by making paymentsβ€”on an ongoing basisβ€”to the U.S. government based on a formula.Β» β€”β€œMedicare Looms As Budget, Logistical Issue for States” by Erin Madigan Senior Journal Dec. 27, 2004. (source: Double-Tongued Dictionary)

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