Insurer Drops New York Medicaid Coverage For 53,000 Over Unsustainable Losses

Blue Cross Blue Shield in New York is dropping out of the state’s Medicaid program due to serious financial losses, dropping 53,000 New Yorkers from coverage.  Medicaid managed care patients in Erie, Chautauqua, Cattaraugus, Orleans, Wyoming and Allegany counties of New York will have until Oct. 31 to find new coverage. Blue Cross Blue Shield is one of the top Medicaid insurers in New York.

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