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LaHIPP pays insurance premiums as long as the insurance continues to be cost-effective. What does cost-effective mean?

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LaHIPP pays insurance premiums as long as the insurance continues to be cost-effective. What does cost-effective mean?

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Cost effective means that it would cost less for Medicaid to pay the health insurance premium for the person who gets Medicaid than it would be for Medicaid to pay for the cost of the same persons medical expenses if they didnt have insurance.

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