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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
08/28/201516:06:23Initial Statement of Beneficial Ownership (3)
08/26/201515:27:00UnitedHealthcare and Optum Continue to Support People Affected...
08/22/201519:47:00Second UnitedHealthcare IRONKIDS® Seattle Fun Run Motivates...
08/22/201519:18:00Volunteers Build Playground at Woodruff Family YMCA in Milford
08/20/201518:21:00UnitedHealthcare and Optum Act to Support People Affected by...
08/18/201516:41:00Give an Hour Receives $1.6 Million from United Health Foundation...
08/14/201520:55:00UnitedHealthcare’s Baby Blocks Helps Expectant Mothers in Kansas D...
08/14/201517:20:16Current Report Filing (8-k)
08/12/201516:01:00A.M. Best Withdraws Ratings of PacifiCare Life and Health Insurance...
08/12/201507:00:00UnitedHealth Group Board Authorizes Payment of Quarterly Dividend...
08/11/201509:00:00UnitedHealthcare Launches Mobile App to Help Medicaid and CHIP...
08/10/201516:53:00San Ysidro Health Center Kicks-off National Health Center Week...
08/07/201512:10:00UnitedHealthcare and Optum Act to Support People Affected by...
08/06/201516:00:00Give an Hour Receives $1.6 Million from United Health Foundation...
08/05/201508:30:00Optum Centers of Excellence Program Expands Access to Mayo Clinic...
08/03/201509:30:00Healthy Savings Program Helps Make Healthier Foods More Affordable...
07/31/201516:05:26Current Report Filing (8-k)
07/30/201516:26:12Statement of Changes in Beneficial Ownership (4)
07/29/201517:29:54Quarterly Report (10-q)
07/29/201514:35:00Family Health Centers of Georgia Receives $75,000 from UnitedHealthcare...

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