Starting Jan. 1, 2013, four managed care companies will be in charge of handling healthcare for 70 percent of Utah residents on Medicaid, according to the report. The state expects the shift to Medicaid managed care could save $770 million over seven years.
However, Inspector General Lee Wyckoff said he wants health officials to perform a financial analysis of the overhaul, create adequate performance measures for the insurance companies and define how misspent funds will be recouped, among other strategies.
More Articles on Medicaid:
CMS Approves Wisconsin’s Medicaid Cost-Slashing Proposal
New Mexico to Reduce Managed Care Plans in Medicaid Overhaul