News Briefs: Nebraska Awards Medicaid Contracts to Three MCOs

Nebraska on Sept. 23 revealed that it awarded Medicaid managed care contracts to three health plans: Molina Healthcare of Nebraska, Nebraska Total Care (a subsidiary of Centene Corp.) and UnitedHealth Care of the Midlands. The contracts, which the state awarded after reviewing five total bids, will last five years with two-year optional renewals. The transition to the new contracts will take place on Jan. 1, 2024. Community Care Plan of Nebraska (doing business as Healthy Blue) and Medica Community Health Plan were the two bidders that were not selected.

The Medicare Part B standard monthly premium will fall 3% in 2023, going from $170.10 to $164.90, CMS said on Sept. 27. The decline — which President Joe Biden noted is the first in more than a decade — is due in part because lower-than-expected spending on the Alzheimer’s treatment Aduhelm increased the funds available in the Supplementary Medical Insurance Trust Fund. The Medicare Part B standard premium jumped by $21.60 in 2022, which CMS blamed in part on the anticipated costs associated with Aduhelm. The annual deductible for all Medicare Part B beneficiaries, meanwhile, will also drop next year, by $7 to reach $226.

0 Comments
© 2022 MMIT
AIS Health Staff

AIS Health Staff

Related Posts

a-hospital-building
December 2

Cross-Market Hospital Systems Flex Negotiating Power, to Payers’ Detriment

READ MORE
businessman-putting-cash-in-pocket
December 2

Health Insurance Startup CEOs’ Sky-High Compensation Figures Are Deceiving

Read More
businessman-viewing-news-update-journalism-headline-on-a-laptop
December 2

News Briefs: Growing Share of Large Firms Choose Medicare Advantage for Retiree Health Benefits

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today