Capitalization levels for U.S. health insurers will continue to grow this year, but earnings are expected to narrow as profitability from government programs such as Medicaid managed care and Medicare Advantage return to more normal levels, according to a new AM Best report.
Tag: Medicaid
Report: Medicaid Enrollment Surged During COVID-19 Pandemic
More than 80 million people—a record number—have health coverage through Medicaid and the Children’s Health Insurance Program, as enrollments surged due to Covid-19, according to new data released Monday by the Centers for Medicare and Medicaid Services. Between February of 2020 and January 2021, nearly 9.9 million people enrolled in the two programs—a 13.9% increase,… Continue reading Report: Medicaid Enrollment Surged During COVID-19 Pandemic
Biden to Reopen ACA Marketplaces, Lower Barriers to Joining Medicaid
President Joe Biden is scheduled to take executive actions as early as Thursday to reopen federal marketplaces selling Affordable Care Act health plans and to lower recently imposed barriers to joining Medicaid. The orders will be Biden’s first steps since taking office to help Americans gain health insurance, a prominent campaign goal that has assumed… Continue reading Biden to Reopen ACA Marketplaces, Lower Barriers to Joining Medicaid
Trump Administration to Give States Wide Latitude in Medicaid Block-Grant Plan
The Trump administration on Thursday released details for how states can apply to convert Medicaid to block grants that would let them impose changes such as eligibility requirements and prescription drug limits for millions of adults in the program. The instructions, outlined in a letter to states, show the administration is accelerating its push to… Continue reading Trump Administration to Give States Wide Latitude in Medicaid Block-Grant Plan
Third Lawsuit Filed Over Medicaid Work Requirements
Several Medicaid enrollees in New Hampshire sued the Trump administration over the state’s work requirements for program participants, marking the third such lawsuit and raising pressure on the administration to justify its support of the new rules. The administration approved a package of changes to New Hampshire’s Medicaid program, including the new work requirements, in… Continue reading Third Lawsuit Filed Over Medicaid Work Requirements