Kentucky Gov. Beshear: Commonwealth Announces Medicaid Managed Care Providers
Gov.
The five companies are
"Health care is a basic human right, and ensuring coverage for approximately 90% of Medicaid's 1.4 million population is of the utmost importance to my administration,"
Secretary Friedlander said the Finance and Administration Cabinet issued the request for proposals
"We look forward to working with the MCOs to improve the health of all Kentuckians," said Secretary Friedlander. "We have strengthened the contracts to make sure that these companies are responsive to the needs of all Kentuckians."
Key changes to the contracts include a focus on improvement of quality measures; increased transparency; strengthened reporting and oversight requirements; and pharmacy program changes. The contracts also provide incentives to address social determinants of health, which include all the factors that directly or indirectly impact Kentuckians.
Current contracts with
The Secretary said all members would receive detailed communications about what to expect over the next six months.
Managed Care is a health care delivery system designed to manage costs, utilization and quality. Medicaid managed care provides for the delivery of Medicaid health benefits and additional services through contracts between Medicaid and the MCOs that accept a set per member, per month payment for these services. By contracting with MCOs to deliver Medicaid health care services, states can reduce Medicaid program costs and better manage utilization of health services. Improvement in health plan performance, health care quality and health outcomes are key objectives of Medicaid managed care.
Ensuring access to affordable health care is a top priority for
On


Tampa Electric Prepares Year 'Round to Handle Hurricane Season
Advisor News
- Navigating client communication in a digital age
- Can your advisory firm survive without you?
- I started using AI, but what now?
- How to support an entrepreneur client with multiple businesses
- Could a narrower focus help grow your practice?
More Advisor NewsAnnuity News
- Solen Software Group Acquires Cooperative Technologies, Provider of 1035 Exchange and Annuity Replacement Software
- MassMutual Expands Lending Options With New Secured Credit Line
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
More Annuity NewsHealth/Employee Benefits News
- More than 1,700 Pottawattamie County residents face Medicare plan cancellations
- KENTUCKY CAN CUT HEALTH PREMIUMS WITHOUT SPENDING A DIME
- SpecialtyCare sues Anthem over $2.5 million in unpaid awards
- Americans Worry They Can’t Afford Health Care in Retirement, Allianz Life Study Finds
- Lawmakers urge USCIS to address immigration backlog affecting healthcare access
More Health/Employee Benefits NewsLife Insurance News