Connecticut has provided a fixed fee to certain insurers to manage the care of Medicaid beneficiaries for nearly 15 years. However, Mark Schaefer, the state’s Medicaid director, said the value of what the managed care plans provided has diminished, according to the report.
After the state ends its agreements, it will assume financial responsibility for the roughly 400,000 beneficiaries’ care, working with a private, non-profit group to improve quality and lower costs.
Related Articles on Medicaid:
CMS Extends Massachusetts Medicaid Waiver Funding Through June 2014
CMS to Approve Florida’s Waiver to Continue Medicaid Managed Care
New York Medicaid Work Group Recommends Coverage Cuts
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