Minnesota officials tout $650 million in HMO savings

New managed care contracts that promise big savings for the government also will deliver a big blow to UCare, the Minneapolis-based insurer that’s currently the largest HMO in the state’s public health insurance programs.

Gov. Mark Dayton announced Tuesday the results from the latest round of competitive bidding on HMO contracts, saying the state and federal governments should save nearly $450 million in 2016 from a process that will drop UCare as an option for most enrollees.

http://www.startribune.com/minnesota-officials-tout-650-million-in-hmo-savings/318953341/