“With new acquisition, Humana carves out larger slice of Medicaid pie”

“With new acquisition, Humana carves out larger slice of Medicaid pie,” by Diane Eastabrook, McKnight’s Home Care


Quote:

“Humana’s announcement last week to acquire Wisconsin managed care organization Inclusa moves the company deeper into the lucrative long-term care services and supports market for Medicaid beneficiaries, as well as beneficiaries dually eligible for Medicare and Medicaid. … Medicaid has become an increasingly attractive business for payers as increased federal funds during the COVID-19 pandemic encouraged states to expand their Medicaid programs. A temporary 10% increase in the Federal Medical Assistance Percentage (FMAP) will provide an additional $12.7 billion for states through March 2024.  A recent report by the Kaiser Family Foundation estimated that Medicaid enrollment will grow 25% by the end of this year.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

More people trapped on Medicaid. More collusion between big government and big business. What could possibly go wrong? An extra payer layer between LTC patients and providers squeezes both. Keep an eye on Managed Medicaid Long-Term Services and Supports (MMLTSS). Problems ahead.