UnitedHealthcare is slated to hire 400 employees in Iowa, according to We Are Iowa.
The hires will triple the payer's Iowa workforce to meet new client demand. UnitedHealthcare is among the insurers managing Iowa's Medicaid managed care program.
Earlier this month, managed care health plan AmeriHealth Caritas Iowa announced it will leave the state's Medicaid program at the end of November. The company will lay off 400 employees by the end of this year as a result of the exit.
Iowa's managed care insurers — AmeriHealth, Amerigroup Iowa and UnitedHealthcare of the River Valley — all posted significant financial losses managing the program during its first year, which began in spring 2016. AmeriHealth posted the largest loss at roughly $300 million, followed by Amerigroup at $133 million and UnitedHealthcare at more than $100 million.
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