Health plans eye Medicaid as profit source :: American Medical News

By Emily Berry

With commercial health insurance membership dwindling and Medicare profits under fire, health plans are looking for profits from another major public health program: Medicaid. Enrollment in Medicaid has swelled, thanks to unemployment rates topping 10% in many states, a trend that also has sent commercial membership diving.

"We are pretty excited about the long-term prospects of the Medicaid business," UnitedHealth Group Chief Financial Officer Mike Mikan told investors at a Sept. 15 conference.
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