If you are a person with current Medicaid eligibility, available insurance, and a serious medical need, your case may be reviewed for the Buyout Program.
The Buyout Program is a Utah Medicaid program that purchases established health insurance for Medicaid members. Any Medicaid (Traditional and Non-Traditional) recipient who has a significant medical need and available insurance that would cover the cost of that need may be referred to the Buyout Program. In order for a member to be enrolled in the Buyout Program, the Buyout staff must find that enrollment would be cost-effective for the state. Most insurances are eligible, including but not limited to employer-based group insurance, individual plans, student health plans, etc.
The primary considerations are eligibility for Medicaid, the medical need, the coverage offered under the policy, and the cost-effectiveness of the Buyout purchase. The Buyout Program should not be confused with other programs such as UPP, ARRA, or Buy-in (Medicare Premiums Assistance).
Buyout policy allows for medical coverage only (unless significant need is for dental care). Some examples of significant medical need are:
Examples of insurance policies Buyout pays for:
If you feel that you may qualify for the Buyout Program, please notify your Medicaid caseworker. If you have a specific question for the Buyout staff, send an e-mail to firstname.lastname@example.org. Do not send PHI to this email address. If Utah Medicaid receives a regular, unencrypted email containing protected health information (PHI), there may be some risk that the information in the email could be intercepted and read by a third party during transmission. This may be a reportable incident under the HIPAA Privacy and Security Rules. Please follow your organization's incident reporting procedure and notify your compliance officer. If you need to send PHI or other sensitive information to us electronically, we strongly encourage you to use a secure method.