Anthem Blue Cross Blue Shield says it no longer can afford to provide managed-care services for Ohio's health insurance program for poor children and families.
The Indianapolis-based company is pulling out of Medicaid's Covered Families and Children program because the rates Ohio pays the managed-care provider are so low that the company is losing money. It will continue to participate in Ohio's Medicaid program for the aged, blind and disabled.
The decision forces 146,000 Medicaid recipients statewide, including about 40,000 in the Columbus area, to replace their Anthem plans. In central Ohio, recipients have two other managed-care plans to choose from....
According to Yahoo Finance, Anthem Blue Cross Blue Shield is part of WellPoint Inc. (WLP). If the key executives of this company gave up a million each, then the poor could get the medical help they need.
