Tired Of Waiting For State Payments, Aetna Plans To Quit Illinois Medicaid Managed Care Program
The insurer says the state owes it nearly $700 million but it hopes an accommodation can be reached.
Modern Healthcare:
Aetna Threatens To Exit Illinois Medicaid Over Budget Crisis
Aetna Better Health, which the state of Illinois owes at least $698 million, has had enough.The subsidiary of the national insurance giant has given the state notice that it plans to terminate its Medicaid contracts, Aetna spokesman T.J. Crawford wrote today in an email. (Schorsch, 7/6)
Chicago Tribune:
Insurer Threatens To Pull Out Of Illinois' Medicaid Program Amid Budget Woes
A major insurer is threatening to leave the state's Medicaid managed care program if Illinois can't figure out how to pay it — a move that could force 235,000 Illinois residents to get new coverage. Aetna Better Health of Illinois President Laurie Brubaker said in a court filing last week that the state owes the insurer $698 million. (Schencker, 7/6)
