Health insurers rise as US temporarily eases Medicaid work-rule enforcement
CNC•Centene shares rose 2.5% and Molina Healthcare shares rose 2.6% in extended trading after federal officials offered states an optional transition period through June 30, 2027, to implement new Medicaid work rules.
1. Transition period offered
The Centers for Medicare & Medicaid Services offered states an optional transition period through June 30, 2027, to implement new Medicaid work rules. During the period, states will assess whether people meet the rules or qualify for exclusions, but will not deny applications or disenroll otherwise eligible people solely for failing to meet the requirements. The requirements take effect Jan. 1, 2027, for certain Medicaid applicants and beneficiaries aged 19 to 64, unless excluded.
