Healthcare DIVE September 10, 2024
Iowa Total Care, a subsidiary of the St. Louis-based payer, can continue doing business in Iowa’s managed care program, which paid it $2.8 billion in the last fiscal year.
Dive Brief:
- Iowa has awarded Centene a new Medicaid managed care contract, extending the insurer’s participation in the state’s $6.7 billion Medicaid program for another six years.
- Centene subsidiary Iowa Total Care has held a managed care contract in the state since 2019, serving beneficiaries in Iowa’s safety-net insurance program with a rotating cast of other insurers.
- Total Care’s award, which the state announced last week, standardizes Iowa’s Medicaid contract timeline. Now, Centene’s contract, along with contracts held by Elevance and Molina, are all scheduled to expire in 2031.
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