Ohio Drops Molina Healthcare As Medicaid Provider As Big Insurance Carriers Aetna and United Healthcare Move In
Posted Apr 10 2012 3:04am
Blue Cross is also losing some business here as far as big carriers go but we are seeing the reimbursement efforts specifically being worked by both Aetna and United who both have subsidiary companies in the Health IT business as well. Sometimes with United one may wonder if you are insured by an insurance company or a Health IT company since their daisy chain listings of subsidiaries is so long and complex to day encompassing everything from owning a bank to low income housing to a subsidiary in China that works to promote more Chinese drugs and devices worldwide and in the US.
A couple years ago Molina made big news with offering telemedicine in the state of California with a big meeting with the governor at the time.
Aetna Inc., AET -1.71% meanwhile, was a winner as the Ohio Department of Job and Family Services picked five managed-care organizations to serve the state's Medicaid recipients starting Jan. 1. The others are UnitedHealth Group Inc., UNH -1.47% plus nonprofits CareSource, Paramount Advantage and Meridian Health Plan.
Ohio is among the states pushing to start coordinating care for dual-eligible patients next year. But the Medicaid insurers that have been dropped in Ohio could now be at a disadvantage in that process, Goldman Sachs analyst Matthew Borsch said.