Kentucky Governor Matt Bevin’s administration has dropped Louisville’s Passport Health Plan in awarding $8 billion annually in Medicaid contracts.
The state said Wednesday (11/27) that five other companies have been notified they are getting the statewide contract awards for managed care organizations. The companies are Aetna, Humana, Wellcare and newcomers United Healthcare and Molina Health Care.
Passport CEO Scott Bowers said in a statement the company plans to protest the decision. Passport will continue providing services to Medicaid members through the existing contract term, which expire June 30. Anthem and Passport were both unsuccessful bidders. Both previously held state contracts for Medicaid managed care.
News outlets report the loss leaves Passport’s future unknown. It was formed in the late 1990s as a nonprofit by local health providers. But Anthem is one of the nation’s largest health benefit companies.