Datapoint: Texas Won’t Halt Latest Medicaid Awards
The Texas Health and Human Services Commission rejected requests by multiple insurers to reconsider which managed care organizations will serve managed Medicaid beneficiaries over the next six years, The Texas Tribune reported June 6. The state in March announced that 14 companies, including CVS Health Corp.-owned Aetna, Centene Corp., Elevance Health, Inc., Molina Healthcare, Inc., and UnitedHealth Group, had won bids to serve Medicaid beneficiaries starting on Sept. 1. However, Centene, Elevance and four other insurers protested the decision. In April, the Tribune reported that Aetna prematurely received information that 17 rival health plans submitted in the bidding process for the Medicaid contracts. More than 3.8 million people are currently enrolled in Medicaid managed care in Texas, with Centene leading the pack at 24.1% market share, followed by Elevance at 18.5% and Texas Children’s Health Plan at 11.1%.
Source: AIS’s Directory of Health Plans