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TexasTowelie

(116,887 posts)
Sat Dec 24, 2016, 04:05 AM Dec 2016

Iowa Medicaid payment shortages are 'catastrophic,' private managers tell state

The for-profit companies running Iowa’s Medicaid program have been complaining to state administrators that the controversial project is “drastically underfunded” and that the situation has been a “catastrophic experience,” newly released documents show.

One managed care executive wrote that Iowa’s recent offer to give the companies an extra $127.7 million in state and federal money this budget year “is not acceptable.” He added that without major changes, the privately run Medicaid program could be unsustainable. None of the three companies has agreed to accept the size of the increase in money they would receive for covering poor and disabled Iowans.

“We are extremely disappointed in the amended rate offer, as it does not address the significant rate issue identified and documented. … The department’s rate offer is not actuarially sound and is not acceptable to us,” AmeriHealth Caritas Regional Vice President Russell Gianforcaro wrote on Oct. 27 to Department of Human Services Director Charles Palmer.

The companies’ complaints were included in recent memos and emails The Des Moines Register obtained under the state’s open-records law. The three companies, Amerigroup, AmeriHealth Caritas and UnitedHealthcare, told state officials that their reimbursement rates were based on deeply flawed cost estimates provided to them before the project began.

Read more: http://www.desmoinesregister.com/story/news/health/2016/12/21/iowa-medicaid-payment-shortages-catastrophic-private-managers-tell-state/95697880/

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Iowa Medicaid payment shortages are 'catastrophic,' private managers tell state (Original Post) TexasTowelie Dec 2016 OP
Would be interesting to see . . . OldRedneck Dec 2016 #1
The big elephant in the room of the US health care system is simple... Sancho Dec 2016 #2
Asshole fucks up the state and then pads off to China. progressoid Dec 2016 #3
hope they start using it today! rurallib Jan 2017 #4
 

OldRedneck

(1,397 posts)
1. Would be interesting to see . . .
Sat Dec 24, 2016, 06:55 AM
Dec 2016

. . . the salaries and perks provided to the executives of these three companies as well as the bonuses handed out to everyone on the payroll.

Sancho

(9,103 posts)
2. The big elephant in the room of the US health care system is simple...
Sat Dec 24, 2016, 07:21 AM
Dec 2016

our medical professionals are paid much higher salaries than most public systems! When you add in "for profit" hospitals, drug companies, and insurance companies there is no way to get control. That includes the high paid administrators.

Any public system would pay doctors, nurses, etc. 1/3 to 1/3 less than many are making today. Likewise, a public administration would be much more streamlined; fewer paper pushers and less choices.

Right now there is a drug store, hospital, clinic, etc. on every corner in most profitable urban centers. A public system would be streamlined and health care professionals would be paid salaries most likely instead of fee for service.

progressoid

(50,753 posts)
3. Asshole fucks up the state and then pads off to China.
Tue Dec 27, 2016, 12:21 AM
Dec 2016

Remember when he said it would save 51 million in the first six months?

I really hope Democrats use this in two years. We can't afford to keep electing these crony Republicans.

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