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Sun Jan 31, 2021, 01:53 PM

Oklahoma chooses vendors for $2 billion program partially privatizing Medicaid

State officials announced the winners of up to $2.1 billion in health care contracts on Friday, a major milestone in implementing Oklahomaís hotly debated privatized Medicaid program.

Four private health insurance companies will handle much of Oklahomaís 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 administrationís top priorities. Using a policy called the managed care model, Oklahoma will begin paying private health insurance companies to coordinate much of the stateís Medicaid program, known as SoonerCare. Up to 75 percent of the stateís 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 stateís current approach to health isnít working, he said, and itís time to try something new.

Read more: https://www.readfrontier.org/stories/oklahoma-chooses-vendors-for-2-billion-program-partially-privatizing-medicaid/

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Reply Oklahoma chooses vendors for $2 billion program partially privatizing Medicaid (Original post)
TexasTowelie Jan 2021 OP
dhol82 Jan 2021 #1
Budi Jan 2021 #2
c-rational Jan 2021 #3
Midnight Writer Jan 2021 #4

Response to TexasTowelie (Original post)

Sun Jan 31, 2021, 01:55 PM

1. I doubt this will improve their outcome.

Once you go private the greed/profit monster clambers out of the swamp.

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Response to TexasTowelie (Original post)

Sun Jan 31, 2021, 02:02 PM

2. Well that's one way to get rid of the medicare program.

OKlahoma republicans leading the way!!

Maybe stop electing these fkers 🤨

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Response to TexasTowelie (Original post)

Sun Jan 31, 2021, 03:30 PM

3. Stating the obvious to any rational person, but privatization of any public service is the wrong

way to go if you want a better long term outcome.

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Response to TexasTowelie (Original post)

Sun Jan 31, 2021, 05:30 PM

4. Turning health insurance over to private company immediately raises cost by 20+%.

That corresponds to the profit and overhead of the private insurer.

They will make that margin by charging the government extra and by limiting services (payouts).

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