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In 1995, The Associated Group acquired Community Mutual Insurance, a provider of Blue Cross and Blue Shield insurance plans in Ohio with over 1.9 million policy holders), then set up Anthem Blue Cross and Blue Shield. [16] [17] In 1996, The Associated Group changed its name to Anthem Insurance Company. [17]
Medical Mutual of Ohio (MMOH) is an American mutual health insurance company. It is the oldest and largest health insurance company based in Cleveland, Ohio, and serves more than 1.6 million customers. [2]
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By 2010, the company was the third largest Medicaid HMO in the country, with $2.5 billion in revenue and 800,000 members across Ohio and Michigan. [12] In 2010, CareSource announced expansion of its provider network in Southeastern Ohio through a partnership with Quality Care Partners (QCP), a physician-hospital organization (PHO). [13]
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Critics argue that Medicaid expansion has not reduced cost-sharing by a significant margin, as the amount households paid out of pocket for healthcare over the past ten years (in the form of deductibles, co-payments, etc.) rose by 77%. [247] Additionally, 30% of providers deny Medicaid patients, which affects the accessibility of quality care ...
Additionally, an analysis of changes in mortality post Medicaid expansion suggests that Medicaid saves lives at a relatively more cost effective rate of a societal cost of $327,000 to $867,000 (equivalent to $428,428 to $1.14 million in 2024 [31]) per life saved compared to other public policies which cost an average of $7.6 million (equivalent ...