The three private companies contracted to manage Medicaid services through KanCare lost money in the program’s first year. That’s according to a report released this week. The total losses between the companies come to more than $100 million. Representative Jim Ward, a Wichita Democrat, is concerned that could lead to cost increases, service reductions or the companies eventually pulling out of the program altogether.
Secretary of the Kansas Department of Health and Environment, Robert Moser, says the contracts between the state and the three companies will last at least three years. He says higher costs were expected in the first year.
The comments came during a meeting of a legislative committee created to oversee the KanCare program.