If you are a child care provider or parent who utilizes the Wisconsin Shares program, you may have heard that reimbursements to child care providers will be changing beginning July 1st this year. Instead of all child care programs in the same area being paid the same rates, a new tiered reimbursement system is going into effect. So what does this mean?
What it means for child care providers:
Starting on July 1, 2012, your Wisconsin Shares reimbursements will be based on your YoungStar rating. This means you must be participating in YoungStar to continue to receive Shares payments. Payments will be based on the following scale:
- 5 star provider- reimbursements will be increased by 10%
- 4 star provider- reimbursements will be increased by 5%
- 3 star provider- reimbursements will remain the same as current level
- 2 star provider- reimbursements will by reduced by 5%
- 1 star provider- no longer eligible to receive any Wisconsin Shares reimbursements
Learn more by reading this frequently asked questions document for providers.
What it means for parents:
Parents who utilize Wisconsin Shares for child care expenses must choose a child care program that is participating in YoungStar. Click here to find child care programs in your area. Tiered reimbursement payments may or may not affect your co-payment amount. YoungStar does NOT recalculate any co-payments. But, your child care program may adjust the co-payments they collect based on the reimbursement amounts they receive.
Learn more by reading this frequently asked questions document for parents.