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KanCare Organizations Lose Millions, but Less Than in 2013

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kancare-newsite.jpg

TOPEKA, Kan. (AP) — The three companies that make up Kansas's Medicaid services delivery system lost millions of dollars last year but not as much as the year before. The Topeka Capital-Journal reports Amerigroup, Sunflower Health Plan and United Healthcare lost a combined $52 million in 2014 after losing roughly $116 million in 2013. Of the managed care organizations operating under KanCare, United Healthcare fared the best last year with only $1.5 million in losses. Amerigroup lost $16 million and Sunflower lost about $35 million. The Legislative Oversight Committee received the figures on Tuesday. Kansas Department of Health and Environment health care finance director Mike Randol made a presentation summarizing the information. Randol says the organizations lost a total of about $170 million in the past two years.

 

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