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Investor Presentaiton

Medicaid Insurers' Performance Against the Cost Growth Target Unlike in the other markets, all Medicaid insurers met the cost growth target. NHPRI was the only Medicaid insurer to experience growth in 2021. UnitedHealthcare Community Plan (UHCCP) and Tufts Health Public Plans' (THPP) PMPM costs decreased, which we suspect were attributed to growth in members as a result of the public health emergency continuous coverage requirement for Medicaid, and the fact that some of those continuously enrolled likely gained commercial coverage. Continuous enrollment had a more dramatic effect for THPP because its membership was comparatively low, magnifying the impact of a large influx of members in 2021. THPP saw a 45 percent increase in membership, while UHCCP and NHPRI's membership grew at approximately 11 percent (see Exhibit A.3). Exhibit A.3: Medicaid Insurers' 2021 Performance Against the Cost Growth Target -12.9% THPP UHCCP -1.2% NHPRI 0.8% -16.0% -12.0% -8.0% -4.0% 0.0% 4.0% 8.0% 12.0% 16.0% Source: OHIC analysis of TME data from insurers. Target performance is calculated using TME data, after applying truncation and age/sex risk adjustment. Medicare-Medicaid Plans' Performance Against the Cost Growth Target Through CMS' Financial Alignment Initiative, Rhode Island provides coverage to individuals who are dually eligible for Medicare and Medicaid through a combined Medicare-Medicaid Plan (MMP). NHPRI was the only insurer to offer such a product in 2021. Target performance is calculated using TME data, after applying truncation. MMP spending is not risk-adjusted, as risk-adjustment is not performed at the market level and NHPRI's population represents the entire population of individuals enrolled in this market. For the 2021 performance period, NHPRI's MMP spending growth was 4.5 percent, which exceeded the target. MMP enrollees tend to have more complex health care needs and, as a result, higher health care spending per capita.1 This population may have also experienced more adverse consequences from having to delay care during COVID-19, resulting in higher spending growth. 1 For more information on Integrity, see: Neighborhood Health Plan of Rhode Island, Neighborhood INTEGRITY (Medicare-Medicaid Plan), accessed March 27, 2023, https://www.nhpri.org/medicare-medicaid/. 28 Annual Report: Health Care Spending and Quality in Rhode Island
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