clawback

clawback
 n.— «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 payments—on an ongoing basis—to the U.S. government based on a formula.» —“Medicare Looms As Budget, Logistical Issue for States” by Erin Madigan Senior Journal Dec. 27, 2004. (source: Double-Tongued Dictionary)

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Further reading

Blessing Box (episode #1613)

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