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Iowa Officials Agree to Help Medicaid Firms With Shortfall

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“Iowa officials have agreed to help private Medicaid management companies pay for huge losses suffered in covering more than 500,000 poor or disabled Iowa residents, documents released Friday show.

The three national companies have complained about losing about $450 million in Iowa’s shift to private Medicaid management, which started last April, the Des Moines Register reported (http://dmreg.co/2n4E4Ea ), and have pleaded with state officials to help them make up for the loss.”

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