Medicaid eligibility expanded in South Dakota; ~45K more residents now qualify

Nov. 09, 2022 4:21 PM ETUnitedHealth Group Incorporated (UNH), ELV, CVS, CNCMOHBy: Jonathan Block, SA News Editor5 Comments

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  • South Dakota voters on Tuesday approved a ballot measure that expands the eligibility of residents to qualify for Medicaid. The tally was 56% to 44%.
  • The measure is expected to expand Medicaid to ~45K more state residents.
  • Residents will now be eligible if they make ~$18K or less per year, or ~$37K for a family of four.
  • Major Medicaid managed care providers: UnitedHealth Group (NYSE:UNH), CVS Health (through Aetna) (NYSE:CVS), Centene (NYSE:CNC), Molina Healthcare (MOH), and Elevance Health (NYSE:ELV).

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