TennCare currently has $1.1 billion in its reserves and expects it to cost $500 million of those reserves over the next year as it redetermines Medicaid eligibility for those additional 500,000 members who joined the plan over the past three years.
During the COVID-19 pandemic, states were not allowed to remove those who are no longer eligible for the program as previous. Starting on April 1, states must start that redetermination process and will have a year to complete it.
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