Advertisement

Report: Privatized Medicaid Saving Iowa Less Than Predicted

Report: Privatized Medicaid Saving Iowa Less Than Predicted<br /> Photo: MGNonline.

January 06, 2018 09:21 PM

DES MOINES, Iowa (AP) - A new report says Iowa's controversial shift to privately managed Medicaid will save the state 80 percent less money this year than originally predicted.
    
The Des Moines Register reported Saturday that a quarterly report prepared by Iowa Department of Human Services staff members says the state now stands to save $47.1 million this fiscal year by having private companies manage the $4 billion program.
    
Former Gov. Terry Branstad, who ordered the privatization that began in 2016, had declared the move would save the state $232 million in fiscal year 2018.
    
A spokeswoman for Gov. Kim Reynolds, a Republican who succeeded Branstad and supports the shift to privately run Medicaid, says Reynolds' new Medicaid director believes his staff miscalculated the 2018 savings estimate.
    
(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Advertisement

KAAL-TV

(Copyright 2018 by The Associated Press. All Rights Reserved.)

Advertisement
Relay Media Amp
Advertisement

Most Read Stories

Advertisement
Advertisement
Advertisement
Advertisement