In another trickle-down effect from the November elections, Kansas officials have signaled they are slowing down the yearly effort in renewing Medicaid contracts. (Kansas privatizes at least a portion of their Medicaid business to private payers including Amerigroup). This is in anticipation of potential changes to Medicaid funding and the ACA.
A sign to the ever-changing healthcare landscape, some medical students are learning about the economics of healthcare, from costs for services to the payer-provider model. This is a dramatic change from previous schooling where the focus was solely on treating the patient’s physical ailments. But will this have a noticeable impact on patient outcomes and overall healthcare costs?
One of the key policy ideas that the Republicans and the newly elected President has stated was to shrink the Medicaid rolls and turn it into more of a block grant program administered by the States. This is not a new idea (been around for 25+ years) and is certain to face a battle from the providers, hospitals, and Democrats.