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Kansas Picks UnitedHealth, Centene, Amerigroup for Medicaid

By Jon Kamp The State of Kansas said Wednesday it has picked units of UnitedHealth Group Inc. (UNH), Centene Corp. (CNC) and Amerigroup Corp. (AGP) to cover Medicaid members starting Jan. 1, with a goal of saving more than $1 billion over five years. The Kansas awards are the latest in a string of state partnerships with managed-care firms aimed at restraining costs and improving care in the health program for the poor, which is jointly paid for by states and the federal government. According to a state press release, the awards for the three insurers followed "an extensive bidding and review process." The savings estimate is up from an original target of $853 million over five years when the state's "KanCare" Medicaid overhaul program was announced in November. Amerigroup shares recently traded up 0.9% to $62.74 while UnitedHealth Group rose 0.9% to $59.34. Centene was down 0.3% at $30.22. Write to Jon Kamp at jon.kamp@dowjones.com

Stock News for Uhc (UNH)
DateTimeHeadline
05/26/201609:00:00UnitedHealthcare Donates $50,000 to Support Health and Wellness...
05/26/201608:08:00Corporate Social Responsibility Related News Releases and Story...
05/25/201607:00:00New Report Finds Significant Health Concerns Loom for Seniors...
05/24/201612:41:00Optum Idaho Funds $420,000 Community Health Initiatives Grant...
05/20/201618:02:00New Jersey Health Care Quality Institute Receives $550,000 from...
05/19/201608:08:00Corporate Social Responsibility Related News Releases and Story...
05/17/201616:36:08Statement of Changes in Beneficial Ownership (4)
05/13/201612:12:00Rally Cycling Team Bikes to Benefit UnitedHealthcare Children's...
05/12/201608:08:00Corporate Social Responsibility Related News Releases and Story...
05/11/201616:00:00Aetna Not Withdrawing From Any Health-Law Insurance-Exchange...
05/10/201615:45:00Team from NORC Takes Top Health Analytics Prize at Health Datapalooza
05/10/201612:58:00UnitedHealthcare Donates $30,000 to Support Health and Wellness...
05/09/201616:44:43Current Report Filing (8-k)
05/06/201619:52:00United Health Foundation, Peak Military Care Network Partner...
05/05/201608:20:00Insurers Seek Rate Increases to Cover Obamacare Costs
05/05/201608:08:00Corporate Social Responsibility Related News Releases and Story...
05/04/201617:48:17Quarterly Report (10-q)
05/04/201609:00:00Optum Teams with Medecision, TriZetto on New Offering to Streamline...
05/02/201605:00:00DermTech Announces Preferred Provider Agreements with TriCare...
04/29/201616:45:43Statement of Changes in Beneficial Ownership (4)

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