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In 1997, Cotton and his wife Shery Cotton founded Meridian Health Plans in Detroit, Michigan. [2] Cotton and his family owned Meridian for two decades, growing it into the largest private provider of Medicaid benefits in Michigan and Illinois. [4] In May 2018, WellCare Health Plans Inc announced that it was buying Meridian for US$2.5 billion ...
The Illinois Department of Healthcare and Family Services (HFS), formerly the Department of Public Aid, [1] is the code department [2] [3] of the Illinois state government that is responsible for providing healthcare coverage for adults and children who qualify for Medicaid, and for providing child support services to help ensure that Illinois children receive financial support from both parents.
A 2013 review showed RBMC operated at a loss and had a debt of $36 million. RBMC could not keep up with the newer insurance models, charity care and the funding of an employee pension plan. [8] [9] 75% of its patients had either Medicare or Medicaid, each having lower reimbursements than commercial insurance. The hospital had to put off capital ...
The nation’s health insurance system is undergoing tremendous upheaval as an estimated 8.2 million people will need to find new coverage since pandemic protections for Medicaid enrollees came to ...
More than 47,000 Illinois residents lost Medicaid health insurance coverage this month — joining millions of people across the country losing Medicaid as states ask recipients to prove they’re ...
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Meridian Health Plan Headquarters was a planned highrise in the Campus Martius district of downtown Detroit. [3] The skyscraper would have had 16 stories with office space, ground level retail outlets, a state-of-the-art plaza, and a 9-story, 1,000 space parking deck.
Hackensack Meridian Health, locked in a contract dispute with Aetna, has sent letters to the insurer's customers warning them that they may lose in-network coverage if the two sides can't reach a ...