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September 2003 16 insurers withdraw from Medicaid+Choice for 2004 SEPT. 30, 2003 — Sixteen healthcare plans have announced their decision to either leave the Medicaid+Choice program or reduce their service area in 2004, the Centers for Medicare and Medicaid Services has announced. Approximately 41,000 individuals — less than one percent of all Medicare beneficiaries — are affected by the withdrawal of services, according to CMS. CMS estimates that almost 38,000 of beneficiaries whose current plan is leaving Medicare will be able to choose from another Medicare coordinated care plan or a private fee for service plan. Approximately 3,100 will lose a private plan option, requiring them to return to fee-for-service Medicare. Source: Centers for Medicare and Medicaid Services |
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