Medicaid-dependent insurers are hit after a warning from Amerigroup (AGP -18.4%) says the state...

|By:, SA News Editor
Medicaid-dependent insurers are hit after a warning from Amerigroup (AGP -18.4%) says the state of Georgia made a sweeping review of its Medicaid records and discovered a number of duplicate payments, which resulted in a $0.16/share charge in Q2. The state is now seeking reimbursement from insurers. WCG -10.6%, CVH -4.8%, CNC -4.4%.