Mark Farrah Associates Assessed Managed Medicaid Market Trends

MCMURRAY, Pa.--(BUSINESS WIRE)--In the latest Healthcare Business Strategy report, Mark Farrah Associates (MFA) assessed year-over-year Managed Medicaid market trends and examined how carriers in this segment have fared between the third quarter of 2020 (3Q20) to the third quarter of 2021 (3Q21). Managed care companies that participate in Managed Medicaid markets are experiencing unprecedented membership growth due, in part, to the continuing impact of the COVID-19 pandemic. For 3Q21, Managed Medicaid membership, available through statutory sources, accounted for approximately 85% of the total Medicaid and CHIP membership. These carriers covered 70.3 million beneficiaries, with CVS Health reporting the largest percentage increase in membership between 3Q20 and 3Q21.

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About Mark Farrah Associates (MFA)

MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include: Health Coverage Portal™, Medicare Business Online™, Medicare Benefits Analyzer™, County Health Coverage™, Health Plans USA™ and 5500 Employer Health ^Plus. Follow us on LinkedIn!