Rhode Island governor forms working group to cut costs, improve services for Medicaid

February 25, 2015

Governor Gina Raimondo named a 28-member working group to develop ways to cut costs and improve medical services to Rhode Island's Medicaid program. Raimondo said reinventing Medicaid is one way she can help the state avert an estimated $500-million deficit by 2019. One of the two co-chairs of the working group, Dennis Keefe, said he believes changes can be made and savings effected without requiring any new money for Medicaid. Others named to the group include the CEOs of the two largest health insurers in Rhode Island, Peter Andruszkiewicz of Blue Cross Blue Shield of Rhode Island, Stephen Farrell of United Healthcare of New England, and Helena Foulkes, EVP of CVS Health and President of CVS pharmacy. Under the executive order signed by Raimondo, the group is to submit a report containing cost cutting recommendations for the Fiscal Year 2016 budget by April 30, and will conclude its work recommending long-term changes no later than July 1.