July 7, 2011 - 12:30pm
"We were confident that moving Medicaid from a mostly fee-for-service system to managed care would create significant savings, preventing unnecessary and devastating cuts to our priorities such as education and job creation. These contracts show the savings are real."
Kentucky’s Governor Steve Beshear held a press conference today and announced a plan to balance the state’s Medicaid budget; thereby saving taxpayers $375 million in General Funds and $1.3 billion in all funds over the course of the new, three-year contracts.  In addition to...