Medicaid redeterminations began in April 2023, and all major payers have released their second quarter 2024 earnings, revealing which have recorded the largest enrollment losses in the Medicaid market since redeterminations began.
Payers ranked by Medicaid losses since April 2023:
Elevance Health
March 2023: 11.89 million
June 2024: 9.03 million
Change: -24.1%
Centene
March 2023: 16.32 million
June 2024: 13.14 million
Change: -19.5%
UnitedHealth Group
March 2023: 8.38 million
June 2024: 7.41 million
Change: -11.6%
CVS Health
March 2023: 2.79 million
June 2024: 2.53 million
Change: -9.3%
Humana
March 2023: 1.37 million
June 2024: 1.39 million
Change: +1.5%
Molina Healthcare
March 2023: 4.83 million
June 2024: 4.94 million
Change: +2.3%