Neighborhood Health Plan, a unit of Boston-based PartnersHealthCare, has stopped accepting new Medicaid members after losing $241 million since 2014. It’s a sign of how hard it can be to serve low-income residents, especially in Massachusetts, which has among America’s highest healthcare costs.
Neighborhood, the largest Medicaid insurer in the Bay State, temporarily froze enrollment as part of a “corrective action plan” developed with state health officials.
The decision will reduce insurance options for low-income families who qualify for Medicaid — the joint federal-state program, which is called MassHealth in Massachusetts. Neighborhood is the only MassHealth plan that gives members access to the state’s most renowned teaching hospitals, Massachusetts General and Brigham and Women’s, which are also owned by Partners.
To read The Boston Globe story on this, please hit this link.