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[MM Curator Summary]: Follow the money. Then listen to the chicken littles, who don’t realize they are unwitting mouth pieces of the Titans.
Molina Healthcare had the largest gains in Medicaid enrollment during the COVID-19 pandemic, according to a report from KFF published July 6.
Elevance Health’s Medicaid membership also grew by over 50 percent during continuous coverage requirements, according to the report.
More than 1 million people have been disenrolled from state Medicaid programs since April, when states were allowed to begin removing ineligible members for the first time since continuous coverage requirements were put in place in 2020.
Among five major Medicaid managed care companies — Molina Healthcare, Elevance Health, Centene, UnitedHealthcare and CVS Health — Medicaid enrollment increased by 44.1 percent from 2020 to 2023.
In investor calls, payer executives have said the companies are working to transition Medicaid members who lose coverage to ACA plans and other forms of coverage.
Here’s how much five major payers’ Medicaid enrollment increased during the pandemic:
- Molina Healthcare: 62.8 percent increase
- Elevance Health: 56.1 percent increase
- UnitedHealth: 42.5 percent increase
- Centene: 38 percent increase
- CVS Health: 17.1 percent increase
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