Fair Care for Seniors and Children Act of 2000 - Title I: Medicare Program - Subtitle A: Medicare+Choice Program - Amends title XVIII (Medicare) of the Social Security Act (SSA) to provide for: (1) increasing the minimum payment amount in 2001 for any area in a metropolitan statistical area with a population of more than 250,000; (2) increasing the national per capita Medicare+Choice growth percentage in 2001 and 2002; (3) eliminating the budget neutrality adjustment beginning in 2002 under blended capitation rate provisions; (4) revising calculation of area-specific and national percentage capitation rates; (5) increasing the update for payment areas with only one or no Medicare+Choice contracts; (6) permitting higher negotiated rates in certain Medicare+Choice payment areas below the national average; (7) permitting reasonable cost reimbursement for payment areas with no more than one Medicare+Choice contract under certain conditions; and (8) phasing in risk adjustment methodology over a ten year period based on data from all settings.

Delays from July to November 2000 the deadline for offering and withdrawing Medicare+Choice plans for 2001.

Subtitle B: Inpatient Hospital Services - Amends SSA title XVIII with regard to payment to hospitals for inpatient hospital services to provide for the elimination of authority to estimate costs incurred by a hospital for wages.

Subtitle C: Home Health Services - Amends SSA title XVIII with regard to the prospective payment system (PPS) for home health services to eliminate the 15 percent reduction in the cost limits and per beneficiary limits under such PPS.

Title II: Medicaid Program - Subtitle A: Expansion of Coverage of Children under the Medicaid Program - Amends SSA title XIX (Medicaid) to provide for the use of funds under the State Children's Health Insurance Program (SCHIP) under SSA title XXI for an enhanced matching rate for coverage of additional children under the Medicaid program. Provides for the expansion of eligibility option for children under the Medicaid program.

Provides for the expansion of the presumptive eligibility option for children under the Medicaid program.

Amends SSA title XIX to provide for use of an enhanced match for expanded Medicaid child coverage.

Amends SSA title XXI to provide for application of an increased proportion of the SCHIP allotment for special initiatives and similar purposes.

Subtitle B: Prospective Payment System for Federally-qualified Health Centers and Rural Health Clinics - Amends SSA title XIX to provide for establishment of a PPS for Federally-qualified health centers and rural health clinics.