WV Medicaid head defends $600 million no-bid contracts
The head of West Virginia's Medicaid program defended a decision by state officials to enter into $600 million in no-bid contracts with three health insurance companies.
Nancy Atkins, the commissioner for the state Bureau for Medical Services, said the contracts were not required to be bid out by the federal government.
"While some states have competitive bidding for managed care contracts, it is not required" by the federal government, she said in a statement.
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- Healthcare Costs 'An Abomination' Says Senate Finance Committee Chair
- Healthcare Consolidation: M&A Not the Only Way
- 6 CNO-to-CEO Strategies
- PwC: Pace of Rising Medical Costs Slowing