The staggering number of job losses caused by the COVID-19 pandemic, leading to the highest unemployment rate since the Great Depression, has meant loss of income and loss of health insurance for millions of American families. And this has left Medicaid plans bracing for a likely surge in enrollment.
This surge may pose perhaps an unprecedented financial strain on Medicaid plans, which cover the sickest and most vulnerable populations and operate on thin margins even when the economy is thriving. Therefore, it is imperative for Medicaid plan leaders to take action to contain inappropriate medical costs immediately without sacrificing the quality of care their members receive.
Download our new white paper and read about the five areas that Medicaid plans should closely examine to protect their business in this environment.