Audit: Privatized Medicaid is saving Iowa $126 million per year
BPC Staff Nov 26, 2018 | 9:02 pm
<1 min read time
87 wordsAll Latest News, Government Policy and Law, Health and Wellness, Insurance, Statewide NewsDes Moines Register: After two years of releasing seesaw estimates, Iowa Medicaid leaders are correctly calculating how much the state is saving by having private companies manage the $5 billion Medicaid program, the state auditor concluded today. State Auditor Mary Mosiman said the May 2018 estimate of $141 million in annual savings was more accurate than earlier state estimates of $234 million and $47 million. Using the most recent estimation method with updated financial information, her office now estimates the fiscal year 2018 savings at $126 million.
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