While a handful of states including Texas and California has announced plans this year to transition Medicaid recipients into managed care plans, Connecticut's Medicaid program announced it will end its managed care agreements with insurers because the plans failed to provide lower cost, higher quality care, according to a USA Today report.
Connecticut has provided a fixed fee to certain insurers to manage the care of Medicaid beneficiaries for nearly 15 years. However, Mark Schaefer, the state's Medicaid director, said the value of what the managed care plans provided has diminished, according to the report.
After the state ends its agreements, it will assume financial responsibility for the roughly 400,000 beneficiaries' care, working with a private, non-profit group to improve quality and lower costs.
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Connecticut has provided a fixed fee to certain insurers to manage the care of Medicaid beneficiaries for nearly 15 years. However, Mark Schaefer, the state's Medicaid director, said the value of what the managed care plans provided has diminished, according to the report.
After the state ends its agreements, it will assume financial responsibility for the roughly 400,000 beneficiaries' care, working with a private, non-profit group to improve quality and lower costs.
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