- MVP Health Care is planning to expand its Medicaid plan to more New York counties as it grows its managed care business line, the Albany Business Review reports.
- Medicaid has been a growth area for the insurance firm since it bought Hudson Health Plan in 2013, which focused on Medicaid managed care plans.
- New York’s Medicaid population has swelled since the state expanded eligibility under the ACA, and managed care has been at the forefront of that growth.
“Medicaid is the largest arena for us to be able to expand into because there are so many eligible,” Peggy Leonard, vice president of Medicaid government and community initiatives at MVP, told the Albany Business Review.
In 2014, MVP offered managed care plans to six new counties in New York. The latest plan would extend offerings to counties far northern parts of the state.
New York’s Medicaid program, one of the largest in the U.S., spent $51 billion in 2014 — $27 billion of which was for managed care premiums.
The nonprofit payer hopes to nab state approval of the expansion before the next enrollment opens period in November, according to the Albany Business Review.