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TexasTowelie

(116,799 posts)
Sun Jan 31, 2021, 12:53 PM Jan 2021

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 Oklahoma’s hotly debated privatized Medicaid program.

Four private health insurance companies will handle much of Oklahoma’s 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 administration’s top priorities. Using a policy called the managed care model, Oklahoma will begin paying private health insurance companies to coordinate much of the state’s Medicaid program, known as SoonerCare. Up to 75 percent of the state’s 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 state’s current approach to health isn’t working, he said, and it’s 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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Oklahoma chooses vendors for $2 billion program partially privatizing Medicaid (Original Post) TexasTowelie Jan 2021 OP
I doubt this will improve their outcome. dhol82 Jan 2021 #1
Well that's one way to get rid of the medicare program. Budi Jan 2021 #2
Stating the obvious to any rational person, but privatization of any public service is the wrong c-rational Jan 2021 #3
Turning health insurance over to private company immediately raises cost by 20+%. Midnight Writer Jan 2021 #4

dhol82

(9,440 posts)
1. I doubt this will improve their outcome.
Sun Jan 31, 2021, 12:55 PM
Jan 2021

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

 

Budi

(15,325 posts)
2. Well that's one way to get rid of the medicare program.
Sun Jan 31, 2021, 01:02 PM
Jan 2021

OKlahoma republicans leading the way!!

Maybe stop electing these fkers 🤨

c-rational

(2,867 posts)
3. Stating the obvious to any rational person, but privatization of any public service is the wrong
Sun Jan 31, 2021, 02:30 PM
Jan 2021

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

Midnight Writer

(22,973 posts)
4. Turning health insurance over to private company immediately raises cost by 20+%.
Sun Jan 31, 2021, 04:30 PM
Jan 2021

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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