UnitedHealthcare absorbs 215k Medicaid beneficiaries in Iowa: 3 things to know

UnitedHealthcare in Iowa will take on 215,000 Medicaid members previously covered by AmeriHealth Caritas effective Dec. 1, the Des Moines Register reports.

Here are three things to know.

1. In November, managed care health plan AmeriHealth Caritas Iowa announced it would leave the state's Medicaid program at the end of November. 

2. As a result of the exit, UnitedHealthcare gained AmeriHealth Caritas' members and now manages benefits for more than two-thirds of Iowa's Medicaid beneficiaries. The third payer chosen to manage Iowa's Medicaid program, Amerigroup, told state administrators it would not be able to assume any of AmeriHealth Caritas' former members.

3. Iowa's managed care insurers all posted significant financial losses managing the program during its first year, which began in spring 2016.

More articles on payer issues:
CVS Health to acquire Aetna for $69B: 5 things to know
New Jersey hospital files motion against Horizon BCBS over tier placement
Lyft makes nearly 15k medical transports for Cigna members

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months