Who bid on and who backed out of Medicaid managed care in Illinois
Aetna, Blue Cross and Blue Shield of Illinois and Molina Healthcare were among the insurers who last week submitted bids for contracts to participate in Illinois Gov. Bruce Rauner’s overhauled Medicaid managed-care program.
Insurers that now have managed-care contracts with the state, but did not submit bids, include FHN and its subsidiary Community Care Alliance of Illinois, as well as national insurers Cigna Corp. and Humana.
The health plans are vying for a piece of an estimated $9 billion in contracts a year, over four years. The Rauner administration plans to award up to seven bids.