If you get your health coverage through Medicaid, your care is about to change. On July 1, management of most of the program will be transferred to a handful of private companies. And starting Monday, 1.6 million North Carolinians can start to choose their plan.
The General Assembly mandated the transition to managed care five years ago, after large fluctuations in program costs frustrated their efforts to budget. Managed care companies will have to eat any overruns, but if they can save money they get to keep some of the funds they don’t spend
Dave Richard, who heads North Carolina s Medicaid program, said, “The financial side of it is that managed care gives you cost predictability. But we wanted to take the change to improve the health of North Carolina citizens.”
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