Under Pressure? Insurers Hustle to Prove Medicaid Biz Isn’t Struggling

Although UnitedHealth Group CEO Andrew Witty caused a brief health insurer stock selloff with his remarks about a Medicaid “disturbance,” both his company and other managed care powerhouses have since been busy trying to reassure jittery investors.

The trouble started on May 29, when Witty was answering questions from analyst Lance Wilkes during the Bernstein Strategic Decisions Conference. Witty pointed out that “there’s probably going to be some disturbance around” syncing Medicaid managed care payment rates with the heightened costs associated with covering Medicaid enrollees, now that millions of people have been dropped from the rolls during the “unwinding” process.

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Leslie Small

Leslie Small

Leslie has been working in journalism since 2009 and reporting on the health care industry since 2014. She has covered the many ups and downs of the Affordable Care Act exchanges, the failed health insurer mega-mergers, and hundreds of other storylines spanning subjects such as Medicaid managed care, Medicare Advantage, employer-sponsored insurance, and prescription drug coverage. As the managing editor of Health Plan Weekly and Radar on Drug Benefits, she writes and edits for both publications while overseeing a small team of reporters who also focus on the managed care sector. Before joining AIS Health, she was a senior editor for the e-newsletter Fierce Health Payer, and she started her career as a copy editor at multiple local newspapers. She graduated with a dual degree in journalism and political science from Penn State University.

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