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Gov. J.B. Pritzker may soon make the rare move of vetoing a bill that passed both houses of the Democratic-controlled General Assembly — unanimously. The bill has to do with how private ambulance companies are reimbursed when they transport Medicaid patients.
The for-profit insurance companies running Illinois Medicaid collected hundreds of millions of dollars in extra profits during the COVID-19 pandemic — much of it for services never provided to patients,
By DAVID JACKSON Better Government Association The for-profit insurance companies running Illinois Medicaid collected hundreds of millions of...
In a followup email earlier this month, Eagleson’s top spokeswoman said, “purely as a snapshot in time, initial incomplete figures indicate HFS would recoup over $120 million” from the insurance firms for calendar year 2020. Those funds will come through a program called a “risk corridor” that reallocates money if the companies exceed or fall short of targets for medical care. “Illinois was one of the first states in the country to implement risk corridors during the pandemic to further restrict possible profit margins,” said Jamie Munks, Eagleson’s spokeswoman. “We will rec...