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NM Names Four Medicaid Companies

The state Human Service Department has announced that four companies will share around $4 billion in federal money to provide Medicaid to around 700,000 residents next year.

Secretary Sidonie Squier said Friday that the department has selected Presbyterian Health Plan, Blue Cross Blue Shield New Mexico, Molina Health Care of New Mexico and UnitedHealthcare Community Plan of New Mexico to manage medical, long-term and behavioral care under New Mexico's Centennial Care plan.

Officials say the newly eligible population under Medicaid expansion will be enrolled under Centennial Care.

Squier called the selection a competitive process.

Around 554,000 children low-income children are expected to be served next year.

Copyright 2013 The Associated Press.