Illinois names 6 insurers to take part in overhauled Medicaid managed care
The
The state has selected
That means
Four other insurers --
"By operating with an ideal number of plans, overhead costs will be reduced while we make sure every beneficiary receives powerful choice," said
Together, the six insurers that are no longer participating in the program currently cover more than 500,000
Rauner announced plans in February to revamp the program to cover 80 percent of those on Medicaid in every county as well as children under the care of the
Rauner said at the time that the changes would streamline the program's administration and improve health care for many of the state's poorest residents. Advocates of the changes also say they'll help to reduce administrative headaches for providers and make the program less confusing for patients.
In recent months, some Medicaid managed care organizations have struggled to keep hospitals in their networks. Though the state has started paying Medicaid managed care organizations more in recent weeks, they are still owed about
State Comptroller
The state now spends about
The new contracts, however, are expected to lead to savings of
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