Medicaid bill eyes HMO profits PDF  | Print |  E-mail

Schenck said the profit-sharing idea also will be coupled with standards to ensure quality care.

"What this is really about is making sure that the citizens we serve get the best medical care,'' he said.

But the Florida Center for Fiscal and Economic Policy, a group that is critical of the shift to Medicaid managed care, issued a briefing paper that described the profit-sharing idea as "less useful'' than a medical-loss ratio. It said the idea would not "adequately contain plan administrative expenses'' and would not focus spending on patient care.

Read the story in Health News Florida.

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The mission of the Florida Center for Fiscal and Economic Policy is to conduct independent research, develop new ideas, and advise policymakers on state fiscal and economic policy.  The Center pays particular attention to policy impacts on low- and moderate-income individuals, families and neighborhoods, workers, and small businesses.  The Center works to heighten public awareness of the need to adequately fund programs that improve opportunities, choices, quality of life outcomes, and the economic well-being of all Floridians.