December 6, 2022
As the federal government continues to extend the Public Health Emergency, managed care companies that participate in Managed Medicaid markets are seeing windfalls of enrollment due to the unprecedented growth in the segment. These carriers provide coverage for 75.6 million people, as of September 2022, up from 70.2 million in September 2021. In this Business Strategy Report, utilizing information from its Health Coverage Portal™, Mark Farrah Associates (MFA) examines how carriers in the Managed Medicaid segment have fared between the third quarter of 2021 (3Q21) to the third quarter of 2022 (3Q22).
Molina reported the largest percentage increase in membership between 3Q21 and 3Q22, at 15.1%, with a gain of nearly 582,000 managed Medicaid members. Anthem, meanwhile, was one of few top companies to see an increase in market share (+0.7%) and experienced the largest membership increase, over 1.1 million enrollees, representing a 13.4% increase year-over-year. The table below shows that the top 10 companies, in September of 2022, all increased in Medicaid enrollment from the same period in 2021.
About Mark Farrah Associates (MFA)
Mark Farrah Associates (MFA) is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Our product portfolio includes Health Coverage Portal™, County Health Coverage™, Medicare Business Online™, Medicare Benefits Analyzer™, 5500 Employer Health PLUS, and Health Plans USA™. For more information about these products, refer to the informational videos and brochures available under the Our Products section of the website or call 724-338-4100.
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