For Medicaid insurers, the looming loss of coverage threatens a financial shock.
An estimated 15 million of the 91 million people with Medicaid—or 16.5%—are expected to lose benefits once states begin scrutinizing enrollment, according to the Health and Human Services Department. About a third of those will turn to the health insurance exchange marketplaces for alternative coverage, and 65% of adults will qualify for job-based health…