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With Amerigroup, WellPoint's affiliated Medicaid health plans now serve approximately 4.5 million beneficiaries of state sponsored health care programs in 20 states, bringing the company's total ...
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 ]
WellPoint's Medicaid Business Unit Announces Conference Participation for May VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Amerigroup, a wholly owned subsidiary of WellPoint, Inc., announced its ...
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.
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Most formularies cover at least one drug in each drug class, and encourage generic substitution (also known as a preferred drug list). [8] Formularies have shown to cause issues in hospitals when patients are discharged when not aligned with outpatient drug insurance plans.
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The Medicaid Drug Rebate Program is a program in the United States that was created by the Omnibus Budget Reconciliation Act of 1990 (OBRA'90).. The program establishes mandatory rebates that drug manufacturers must pay state Medicaid agencies related to the dispensing of outpatient prescription drugs covered by Medicaid.