Philadelphia-based insurer AmeriHealth Caritas, and WellCare, which covers millions of Medicaid beneficiaries in Missouri, Nebraska, Georgia, Kentucky, Hawaii and Illinois, offer to pay for beneficiaries to take GED exams.
Jill Rosenthal, senior program director for the National Academy for State Health Policy, told KHN it’s all part of states’ efforts to spur health plans to improve people’s health and reduce medical costs.
Many states are reportedly allowing health plans to share in savings they can demonstrate, thus incentivizing insurers to focus on factors that can increase health costs, such as poor housing.
“Health plans now have incentives for them to find the root causes of problems that will reduce costs that will benefit the plan, its beneficiaries and the states,” Ms. Rosenthal told KHN.
Access KHN‘s full report here.
More articles on payers:
Walmart is changing how we pay for healthcare: 5 things to know
Walmart, GM should be ‘wake-up call’ for private insurers
Health plan members are winning more appeals in Massachusetts
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.