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Medicare Is Simple
Monday, June 13, 2016
Medicaid Enrollment Increased 25% From 2014-2015
Milliman recently released a financial analysis of Medicaid risk-based
managed care organizations in 2015. Here are some key findings from the report:
·39 states use a
risk-based managed care model for Medicaid beneficiaries.
·The growth in Medicaid
enrollment from 2011-2015 was 70% and revenue increased by 130%.
·85.4% was the average
medical loss ratio for MCOs with over $144 billion Medicaid revenue in 2015.
·The UW ratio in 2015
represents an underwriting gain of $3.7 billion in relation to $144.1 billion
·Revenue growth from
2014-2015 was over 30% with an increase of over 25% in enrollment.
·8 states reported an
underwriting loss for 2015, versus 10 states in 2014.