Contracts Awarded For Medicaid

Five insurance companies were awarded contracts worth nearly $8 billion a year to manage most of Kentucky’s Medicaid business, Gov. Andy Beshear announced Friday.Landing the contracts were Aetna, Humana, Molina Healthcare, UnitedHealthcare and WellCare, Beshear said. About 1.4 million people in Kentucky receive health coverage through Medicaid.The initial term of the contracts is through 2024.

Source: MG News

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