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The Importance of Maintaining Actuarial Soundness During COVID-19

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The dramatic disruptions to the workforce caused by the pandemic and the Medicaid maintenance of effort requirement attached to the Medicaid funding increase in the Families First Coronavirus Relief Act have added millions of individuals to the Medicaid rolls. Over 80 percent of people in Medicaid receive coverage through MCOs. Accordingly, maintaining an actuarially sound rate-setting process is…

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