Millions Were Booted From Medicaid. The Insurers That Run It Gained Medicaid Revenue Anyway. ...Middle East

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Millions Were Booted From Medicaid. The Insurers That Run It Gained Medicaid Revenue Anyway.
Private Medicaid health plans lost millions of members in the past year as pandemic protections that prohibited states from dropping anyone from the government program expired. But despite Medicaid’s unwinding, as it’s known, at least two of the five largest publicly traded companies selling plans have continued to increase revenue from the program, according to their latest earnings reports. “It’s a very interesting paradox,” said Andy Schneider, a research professor at Georgetown University’s McCourt School of Public Policy, of plans’ Medicaid revenue increasing despite enrollment drops. Medicaid, the state-federal health program for low-income and disabled people, is a

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