In the latest Healthcare Business Strategy report, Mark Farrah Associates (MFA), www.markfarrah.com assessed first quarter, year-over-year, Medicaid market trends with insights about health plan competition, using MFA’s Health Coverage Portal™. For 1Q22, total Medicaid membership stands at almost 86 million, as available through statutory sources and State managed and non-managed Medicaid program reports and covers 25.8% of the 332.78 million people in the U.S., as of March 2022.
- Starting July 1st, 2021, approximately 1.6 million beneficiaries began receiving Medicaid services through North Carolina managed care health plans.
- Centene remained the leader in this segment with a 16.5% market share, a decrease of 0.4% from 1Q21.
- With the extension of the public health emergency, on July 15, 2022, Medicaid redeterminations continue to remain on hold and Medicaid enrollment will continue to increase.
To read the full FREE text of “Mark Farrah Associates Noted More Than One-Quarter of U.S. Population on Medicaid", visit the Analysis Briefs library on Mark Farrah Associates' website www.markfarrah.com. You can also follow us on LinkedIn.
About Mark Farrah Associates (MFA)
MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include: Health Coverage Portal™, Medicare Business Online™, Medicare Benefits Analyzer™, County Health Coverage™, Health Plans USA™ and 5500 Employer Health Plus. Follow us on LinkedIn!
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Mark Farrah Associates
Ann Marie Wolfe, amwolfe@markfarrah.com