Insurance company bids due today for Ohio Medicaid overhaul
The state is overhauling how the health insurance program for the poor and disabled operates and picking new insurance companies as contractors manage those insurance claims.
In 2019,
This is also an opportunity for
About 90% of the 3 million Ohioans who are covered by Medicaid don't have their benefits managed directly by the state government. Instead, people get an insurance plan managed by insurance companies. These insurers get a payment per member per month and use that money to pay for their member's health care.
Nearly half of
By rebidding the contracts, the state can update the conditions for getting and spending Medicaid dollars and can re-select which insurers it trusts to meet its goals.
About 1.3 million Ohioans have their Medicaid plan through CareSource, making it the largest Medicaid managed care plan in the state and larger than the other four insurance plans combined.
The
The story so far: Ohio Medicaid overhaul
What's happened: For 18 months, the DeWine administration did the leg work leading up to this bid. This includes getting feedback from 1,100 different people and organizations.
What's new: Bids were due
What's next: Ohio Medicaid will let the winning bids know with award letters
In
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