TITLE

THE BIG MONEY IN MEDICAID

AUTHOR(S)
McLean, Bethany
PUB. DATE
June 2007
SOURCE
Fortune;6/25/2007, Vol. 155 Issue 12, p97
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on Amerigroup, a publicly traded health insurer that provides Medicaid patients with managed care services. The costs of Medicaid and Medicare are discussed, including the fact that Medicaid is the biggest drain on state budgets. A brief history of health care companies in the U.S. is presented. Amerigroup, for example, increased by buying smaller health care providers. "Medical loss ratios" are discussed as a benchmark of patient care and insurance company profits.
ACCESSION #
25434298

 

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