Oklahoma chooses vendors for $2 billion program partially privatizing Medicaid [View all]
State officials announced the winners of up to $2.1 billion in health care contracts on Friday, a major milestone in implementing Oklahomas hotly debated privatized Medicaid program.
Four private health insurance companies will handle much of Oklahomas Medicaid program starting in October: Blue Cross and Blue Shield of Oklahoma; Humana Healthy Horizons; Oklahoma Complete Health, which is a subsidiary of managed care giant Centene; and United Healthcare.
Gov. Kevin Stitt has made partially privatizing Medicaid one of his administrations top priorities. Using a policy called the managed care model, Oklahoma will begin paying private health insurance companies to coordinate much of the states Medicaid program, known as SoonerCare. Up to 75 percent of the states Medicaid enrollees will work with the private companies. That includes the anticipated 200,000 working adults who will newly qualify for Medicaid after voters passed expansion last year.
Oklahoma has some of the worst health outcomes in the country, Stitt said during a news conference at the state Capitol on Friday. The states current approach to health isnt working, he said, and its time to try something new.
Read more: https://www.readfrontier.org/stories/oklahoma-chooses-vendors-for-2-billion-program-partially-privatizing-medicaid/