Article: Financial Health of Medi-Cal Health Plans Examined in New California HealthCare Foundation Report.

Business Editors/Health/Medical Writers

OAKLAND, Calif.--(BUSINESS WIRE)--Sept. 3, 2003

Health Plans' Financial Performance Improved,

But Could Face Significant Losses in Near Future

With recent news that the Health Plan of San Mateo may shut down its Medi-Cal business, a new report from the California HealthCare Foundation (CHCF) addresses the question: how long will health plans participating in Medi-Cal managed care remain fiscally viable following recent Medi-Cal rate cuts? Prepared for CHCF by Mercer Government Human Services Consulting (Mercer), the report assesses the current financial condition of Medi-Cal health plans and ...

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