Aetna threatens to exit Illinois Medicaid over budget crisis – Crain’s

It plans to terminate its Medicaid contracts, Aetna spokesman T.J. Crawford wrote today in an email. Aetna’s exit would be the latest casualty of a chaotic state budget standoff that has left $14.7 billion in overdue bills. Universities have laid off thousands of people. Roadwork has stalled. Nonprofits are cutting back services or closing.

For Illinois Medicaid, the loss of a big insurer would mean a major shift. The roughly 235,000 low-income and disabled recipients Aetna covers would have to be moved to another health plan

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