Half of Medicaid managed care plans say they are piloting “population specific” value-based payment models, the inaugural report from the Institute for Medicaid Innovation said.
An effort to derail Medicare for All proposals is underway by health insurance lobbies Blue Cross Blue Shield Association and America’s Health Insurance Plans.
The U.S. Justice Department agreed to allow CVS Health’s acquisition of health insurance giant Aetna once Aetna’s Medicare Part D prescription drug plan business for individuals is divested.
Aetna said it will sell its Medicare drug plans to WellCare Health Plans as part of a divestiture to help the insurer win Justice Department approval of its sale to CVS Health.
WellCare Health Plans is a potential buyer of Medicare part D drug plan assets that may have to be sold off by Aetna and CVS Health to win Justice Department approval of their merger.
Wellcare Health Plans it plans to use its acquisition of new Meridian health plans and PBM as a platform for multi-state growth in managing Medicaid and Medicare health and drug benefits.
State Medicaid administration costs jumped more than 40% after implementing work requirements in Kentucky for low income patients, Fitch Ratings says in a new report.
The Trump administration’s effort to require Medicaid patients to work has already been adding to costs from a new layer of administrative bureaucracy that began even before a federal judge ruled against them.