News Briefs
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Jul 01, 2021
✦ Anthem, Inc. completed its previously announced acquisition of Puerto Rico-Based MMM Holdings from InnovaCare Health. The deal adds more than 275,000 Medicare Advantage members and more than 314,000 Medicaid members to Anthem’s membership, according to a June 30 press release. Citi estimated the transaction will increase Anthem’s MA rolls by 17%. Financial details of the transaction were not disclosed.
✦ After the Biden administration revoked CMS’s prior approval of Medicaid work requirements in Arizona and Indiana, it was reported that Georgia will delay its partial Medicaid expansion by at least one month. Through a section 1115 waiver approved in October 2020, Georgia’s Pathways to Coverage demonstration would expand Medicaid to uninsured adults living at or below the federal poverty line if they participate in 80 or more hours per month of work, volunteering, school or another qualifying activity. In a letter to the CMS Center for Medicaid and CHIP Services, Georgia Department of Community Health Commissioner Frank Berry wrote that the state would delay the partial Medicaid expansion effort from its planned go-live date of July 1 to “until at least August 1, 2021.”
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