Well yes and no. Many state Medicaid agencies outsource at least some of their plans to commercial insurers. Sometimes there is a degree of risk sharing between

Well yes and no. Many state Medicaid agencies outsource at least some of their plans to commercial insurers. Sometimes there is a degree of risk sharing between the entities. https://www.dhcs.ca.gov/services/Pages/Medi-CalManagedCare.aspx https://www.dhcs.ca.gov/services/Pages/Medi-CalManagedCare.a...