Managed Healthcare Executive July 30, 2019
Today, one in five Americans and more than half of America’s children depend on Medicaid, the largest source of public health coverage in the nation.
In many states, Medicaid spending has become the second largest budget item, eclipsing all but education costs. In 2016, Medicaid accounted for 17.1% of state budgets, up from 14.3% in 2007, and there are no signs of those costs abating. In 2018, growth in state spending on Medicaid was up almost 5% from the previous year.
As state governments look for innovative ways to serve growing Medicaid populations, many are increasingly turning to managed care organizations (MCOs) to administer the program and cover the associated costs of delivering...
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