private medicaid plans

Medicaid Plans Show Losses In First Half Of Year

Nov 2, 2018
iStock

As many as half of the managed-care plans providing Medicaid services to Floridians were losing money midway through the year. But key players say they are not worried.

Health insurance wasn't available through his job, so Jose Nuñez turned to Medicaid, the nation's public insurance program that assists 75 million low-income Americans.

Like most people on Medicaid, the Los Angeles trucker was assigned to a private insurance company that coordinated his medical visits and treatment in exchange for receiving a set fee per month — an arrangement known as managed care.