KENNEBUNK, Maine--(BUSINESS WIRE)--Mark Farrah Associates, in its latest Healthcare Business Strategy Report, noted roughly 36.4 million people were covered by Medicaid managed care programs in 2010, up 8% over 2009. Working with data reported by state regulators to the Centers for Medicare & Medicaid Services (CMS) and by insurers through the National Association of Insurance Commissioners (NAIC), Mark Farrah Associates (MFA) confirmed U.S. enrollment in managed Medicaid plans continues to escalate. Total membership grew by 8% from June 2009 to June 2010, reaching roughly 36.4 million. Furthermore, current estimates for 2011 show enrollment up an additional 4% to 37.8 million.
According to data collected by the U.S. Census Bureau nearly 48.6 million people were enrolled in Medicaid programs in 2010 and, at that time, 36.4 million (75%) were covered by comprehensive Medicaid managed care programs based on a new analysis by Mark Farrah Associates. Because individual states operate their own Medicaid programs, this segment of the health insurance market has not become heavily concentrated in national companies. However, at least seven public companies, including Centene, Molina Health and UnitedHealthcare, contract with Medicaid agencies to provide managed care services. Six of these public companies enrolled more than 1 million Medicaid members as of 2Q11.
In the latest Healthcare Business Strategy report, MFA aggregated and analyzed enrollment and other data for managed Medicaid plans nationwide. To read the full text of “Managed Medicaid Enrollment Escalates,” visit the Healthcare Business Strategy library on Mark Farrah Associates’ website www.markfarrah.com.
Mark Farrah Associates is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include Health Coverage PortalTM, Health Insurer InsightsTM, Medicare Business OnlineTM, Medicare Benefits AnalyzerTM, Health Plans USATM and the new County Health CoverageTM.