Monday, October 31, 2011

Medicaid Switches To Managed Care Programs

  • {Frankfort, Kentucky}...Governor Steve Beshear announced Monday that Kentucky had received final approval Friday from the U.S. Centers for Medicaid and Medicare Services to switch some 560,000 Medicaid recipients into lower-cost managed care programs. Beshear says the switch to managed care is expected to save taxpayers $1.3 billion over the next three years. He says that total includes $375 million that would have been taken out of the General Fund. The managed care organizations to begin serving Kentucky Medicaid recipients are Coventry Cares of Kentucky, Kentucky Spirit Health Plan and Wellcare of Kentucky.