Healthcare DIVE April 9, 2024
Rebecca Pifer

However, the insurers could protest Michigan’s decision, potentially mitigating membership erosion.

Dive Brief:

  • Michigan on Monday released Medicaid contract award recommendations, keeping health insurers’ share of the state’s managed care program generally the same.
  • Incumbents Centene, CVS, Molina and UnitedHealth reprocured their Medicaid contracts with minor changes in membership, according to the Michigan Department of Health and Human Services.
  • Centene and Molina each lost three regions, but impacts on total membership, revenue and earnings “are relatively minor,” wrote JP Morgan analysts in a Monday note on the contract awards. The companies could protest Michigan’s decision, potentially mitigating the losses.

Dive Insight:

Nearly all states have some form of managed care in place and contract with risk-based managed care...

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Topics: Govt Agencies, Insurance, Medicaid, Payer, States
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