{"id":8523,"date":"2017-11-06T08:57:58","date_gmt":"2017-11-06T13:57:58","guid":{"rendered":"https:\/\/medicarereport.org\/?p=8523"},"modified":"2017-11-06T08:57:58","modified_gmt":"2017-11-06T13:57:58","slug":"enriched-by-the-poor-california-health-insurers-make-billions-through-medicaid","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=8523","title":{"rendered":"Enriched By The Poor: California Health Insurers Make Billions Through Medicaid"},"content":{"rendered":"<p>(By Chad Terhune and Anna Gorman for Kaiser Health News)<\/p>\n<p style=\"margin: 0px 0px 26px; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">Medicaid is rarely associated with getting rich. The patients are poor, the budgets tight and payments to doctors often paltry.<\/p>\n<p style=\"margin: 0px 0px 26px; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">But some insurance companies are reaping spectacular profits off the taxpayer-funded program in California, even when the state finds their patient care is subpar.<\/p>\n<p style=\"margin: 0px 0px 26px; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">A unit of Centene Corp., the largest Medicaid insurer nationwide, raked in $1.1 billion in profits from 2014 to 2016, according to\u00a0<a href=\"https:\/\/kaiserhealthnews.files.wordpress.com\/2017\/11\/medi-cal_financials3.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">state data<\/a>\u00a0obtained and analyzed by Kaiser Health News. Anthem, another industry giant, turned a profit of $549 million from California\u2019s Medicaid program in the same period. <a href=\"https:\/\/khn.org\/news\/enriched-by-the-poor-california-health-insurers-make-billions-through-medicaid\/?utm_campaign=KHN%3A%20First%20Edition&amp;utm_source=hs_email&amp;utm_medium=email&amp;utm_content=58109029&amp;_hsenc=p2ANqtz-9d8_5QZAqdylgERBv2VuAGqajLvubOqkrRZYXp_LK29du84FYdKG47CxWQ81VHs-aS0tm12ERqyXy0QfCy2mHKXngNWg&amp;_hsmi=58109029\">Continue reading article here&#8230;<\/a><\/p>\n<p style=\"margin: 0px 0px 26px; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; box-sizing: border-box; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">Kaiser Health News is a nonprofit national health policy news service that is part of the nonpartisan Henry J. Kaiser Family Foundation.<\/p>\n<p style=\"margin: 0px 0px 15px; padding: 0px; outline: 0px; border: 0px currentColor; color: #444444; text-transform: none; line-height: 1.6; text-indent: 0px; letter-spacing: normal; font-family: 'Open Sans', serif; font-size: 15px; font-style: normal; font-weight: normal; word-spacing: 0px; vertical-align: baseline; white-space: normal; orphans: 2; widows: 2; font-stretch: inherit; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; font-variant-numeric: inherit;\"><a href=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-899\" src=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1-300x156.png\" sizes=\"auto, (max-width: 121px) 100vw, 121px\" srcset=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1-300x156.png 300w, https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1-1024x533.png 1024w, https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1-390x205.png 390w, https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1.png 1600w\" alt=\"khn-logo1\" width=\"121\" height=\"63\" \/><\/a><\/p>\n<pre><strong>Notice<\/strong>: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link\u2019s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>(By Chad Terhune and Anna Gorman for Kaiser Health News) Medicaid is rarely associated with getting rich. The patients are<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,21,16],"tags":[],"class_list":["post-8523","post","type-post","status-publish","format-standard","hentry","category-affordable-care-act-aca","category-health-care-finance","category-medicaid"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/8523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8523"}],"version-history":[{"count":2,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/8523\/revisions"}],"predecessor-version":[{"id":8526,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/8523\/revisions\/8526"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}