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Revised Estimate Shows Lower Medicaid Costs
Democratic Gov. Terry McAuliffe's administration says the state would save money instead of spending it by implementing the new federal health care law.
Democratic Gov. Terry McAuliffe’s administration says the state would save money instead of spending it by implementing the new federal health care law.
The administration told lawmakers Wednesday that a 2012 estimate, which predicted the cost of the implementing the new law through 2022 would be $137 million, was now incorrect.
The new figures have the state saving $1 billion during the same period.
State officials said they had better data to predict costs than they did last year.
Read the full story here: http://wapo.st/KLVbX9
Source: The Washington Post
Managed Care Reflections: A Q&A With A. Mark Fendrick, MD, and Michael E. Chernew, PhD
December 2nd 2025To mark the 30th anniversary of The American Journal of Managed Care (AJMC), each issue in 2025 includes a special feature: reflections from a thought leader on what has changed—and what has not—over the past 3 decades and what’s next for managed care. The December issue features a conversation with AJMC Co–Editors in Chief A. Mark Fendrick, MD, director of the Center for Value-Based Insurance Design and a professor at the University of Michigan in Ann Arbor; and Michael E. Chernew, PhD, the Leonard D. Schaeffer Professor of Health Care Policy and the director of the Healthcare Markets and Regulation Lab at Harvard Medical School in Boston, Massachusetts.
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