The Medicaid Market In Play

The Medicaid market has seen changes in recent years. Currently, combined state and federal Medicaid spending has risen to $728 billion (see Medicaid Enrollment & Spending Growth: FY 2022 & 2023) and there are 95 million Americans on the Medicaid rolls (see An Update On State Medicaid Enrollment By Consumer Type & Coverage Type: An OPEN MINDS Market Intelligence Report). Of those members, 77% are now enrolled in some type of managed care plan (see The Medicaid Managed Care Shift). At the state level, Medicaid accounts for almost 30% of total state revenue (see Medicaid’s Share Of State Budgets . . .