Statewide Medicaid Managed Care Services

The Florida Indefinite Delivery Vehicle (IDV) FP121 is a comprehensive Medicaid managed care contract for Statewide Medicaid Managed Care (SMMC) services. This master agreement enables Aetna Better Health of Florida to provide extensive healthcare services, including Managed Medical Assistance (MMA), Long-Term Care (LTC), and specialty services for populations with Serious Mental Illness (SMI) and HIV/AIDS. The contract covers a broad range of healthcare offerings, including medical assistance, long-term care support, transportation, food assistance, and various comprehensive health management programs across specific regions in Florida.

The master agreement is awarded by the Agency for Health Care Administration (AHCA) to Aetna Better Health of Florida, with a performance period from February 1, 2025, through December 31, 2030. The contract has a total value of $6,865,757,348, structured with risk-adjusted capitation rates and performance incentives. Aetna is authorized to provide services in Regions D, E, and I, with a performance bond of $21 million. The contract type is a Master Agreement with a two percent quality withhold incentive mechanism, allowing Aetna to potentially retain up to 1% of revenue for meeting quality standards and up to 100% of net operating income based on performance achievements.