Medicaid Managed Care: Results for the Big Five in PHE Q13

The earnings reports for the “Big Five” for the quarter ending March 31—known here as PHE Q13—are in.  The “Big Five”—CVSHealth (Aetna), Centene, Elevance Health (formerly Anthem), Molina Healthcare, and United Health Group—need no introduction, either to state Medicaid agencies or investors.  Together, they had 44.2 million Medicaid enrollees as of March 31.  If children […]

Medicaid Managed Care: The President’s FY 2024 Budget

President Biden’s FY 2024 Budget includes a number of provisions relating to Medicaid and the Children’s Health Insurance Program (CHIP).  Two of these would improve Medicaid managed care.  One involves recovery of overpayments to managed care organizations (MCOs); the other, a new tool for enforcing MCO compliance with federal rules.  Judging from the lack of […]

Medicaid Managed Care Financial Results for 2022: Another Big Year for the Big Five

The 2022 earnings reports for the “Big Five”—CVS Health (Aetna), Centene, Elevance Health (formerly Anthem), Molina, and United Health Group—are now in. As expected, combined Medicaid enrollment for the “Big Five” increased during 2022 by 3.3 million to 43.2 million, an increase of 8.2 percent (Table 1). (If children are enrolled in “Big Five” MCOs […]