Medicaid managed care is expected to grow as states seek to slow healthcare spending by shifting more enrollees into the insurer-provided option, one major ratings agency said.
Growth expected in Medicaid managed care
In a weekly credit outlook, Moody's Investors Service said the safety-net insurer, which is jointly financed by states and the federal government, continues to be a growth area for health insurers, despite political pressure from many governors to allow for eligibility cuts.
Twenty states are expanding or introducing Medicaid managed care in 2011, the Moody's report said, citing data from the Kaiser Commission on Medicaid and the Uninsured, and more to do so in the following two years.
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