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A Katie Beckett waiver or TEFRA waiver is a Medicaid waiver concerning the income eligibility for home-based Medicaid services for children under the age of nineteen. Prior to the Katie Beckett waiver, if a child with significant medical needs received treatment at home, the child's income would be deemed to include the parents' entire ...
Amerigroup, an Anthem company, offers Medigap plans in Arizona and Texas through their Wellpoint brand. Amerigroup (Wellpoint) is an insurance company owned by Anthem, a healthcare benefits company.
Amerigroup is an American health insurance and managed health care provider. Amerigroup covers 7.7 million seniors, people with disabilities, low-income families and other state and federally sponsored beneficiaries, and federal employees in 26 states, making it the nation's largest provider of health care for public programs. [1]
Carelon Health, (formerly CareMore) a subsidiary of Elevance Health through its Carelon brand, is an integrated health plan and care delivery system for Medicare and Medicaid patients. The company was founded in 1992 as CareMore by Sheldon Zinberg and Johnn Edelston, President of HealthPro Associates through the merger of Community IPA managed ...
In 2012, WellPoint acquired Amerigroup for $4.9 billion, anticipating significant growth due to Medicaid expansion under the Patient Protection and Affordable Care Act. [ 51 ] [ 52 ] [ 53 ] In August 2012, CEO Angela Braly resigned due to pressure from investors.
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
New Jersey membership increased as a result of Amerigroup's first acquisition; the Medicaid business from Oxford Health Plans. [13] [10] This was the first of about 14 future acquisitions Amerigroup would make. Following the purchase of Oxford Health Plan's Medicaid business, Amerigroup turned its first profit of about $3.5 million. [10]
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