Among the big winners from the enlarged Medicaid rolls are private health plans, which most states use to cover their enrollees. Health plans such as those run by managed-care titans UnitedHealthcare, Molina Healthcare and Centene Corp. receive a payment from states each month based on enrollment. That means these insurers can profit if they control costs, but they lose money if expenses to treat enrollees are too high.
Pandemic Swells Medicaid Enrollment to 80 Million People, a ‘High-Water Mark’
Pandemic Swells Medicaid Enrollment to 80 Million People, a ‘High-Water Mark’