RECENT NEWS
BusinessWeek  5 hrs ago  Comment 
Observers expect more GOP-controlled statehouses to find politically palatable ways to expand health insurance for the poor
Forbes  8 hrs ago  Comment 
Wellpoint (WLP), parent of several Blue Cross and Blue Shield plans across the country, enrolled more Americans than it thought via public exchanges under the Affordable Care Act and expects even more people to sign up to its Medicaid plans for...
Forbes  11 hrs ago  Comment 
Governor Pence recently promised Hoosiers that if the Obama administration tries to water down his Medicaid expansion proposal in any way, he’ll walk away from the negotiating table.Only time will tell if Gov. Pence will keep his promise, here...
New York Times  Jul 30  Comment 
A survey from the Kaiser Foundation said many previously uninsured Californians had been able to get coverage, through either Medicaid or private insurers.
Benzinga  Jul 28  Comment 
In a report published Monday, Bank of America analyst Kevin Fischbeck reiterated a Buy rating on WellCare Health Plans (NYSE: WCG), but lowered the price target from $89.00 to $75.00. In the report, Bank of America noted, “Our Buy rating...
NPR  Jul 28  Comment 
Offering a homeless person an apartment with access to a doctor and social services may be cheaper than paying for emergency room visits and jail or shelter stays. But should Medicaid help with rent?
NPR  Jul 23  Comment 
New York and five other states are helping women on Medicaid get contraception immediately after giving birth. New moms can get an IUD or long-acting implant before leaving the hospital.
NPR  Jul 22  Comment 
People who contribute up to $25 a month would be exempt from cost-sharing requirements. But some consumer advocates say the health savings accounts add a needless layer of complexity to Medicaid.
Motley Fool  Jul 20  Comment 
Medicaid enrollment has climbed by 80,000 in Texas despite the state opting out of Medicaid expansion.
Motley Fool  Jul 20  Comment 
UnitedHealth Group signed up more than 380,000 new members through Medicaid in the second quarter, suggesting that similarly strong results will be posted by competitors Aetna (AET) and WellPoint (WLP)




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Medicaid is the U.S. health care program for people with limited resources, and it serves low income parents, children, people with disabilities, and low income seniors. It is jointly funded by the states and the federal government and managed by the states. Medicaid is distinctly different from Medicare, which is an entitlement program funded entirely at the federal level and provides health insurance to people aged 65 and older. Medicaid is not an entitlement program, but is instead a needs-based social welfare program in which eligibility is determined by income. It covers a wider range of health services than Medicare and is funded by states as well as the federal government. It is possible to be eligible for both Medicaid and Medicare, and approximately 8.8 million Americans are enrolled in both programs.[1]

The Pharmaceutical Industry depends on Medicare and Medicaid funding for a significant percentage of its revenues. Of the two, however, Medicare's impact on the business of Health Care in America is much greater. The senior citizens of all income levels served by Medicare make up the major target population for most of the pharma industry's drugs. This is not the case for the low income, younger patients enrolled in Medicaid. Certain drugs and treatments, however, do have their revenues tied closely to Medicaid spending - notably HIV and AIDS, where more than half of people living with AIDS are estimated to receive Medicaid payments.


  1. http://www.kff.org/medicaid/upload/7895-2.pdf
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