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Bob Herman Apr 25
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The winners of Florida's new Medicaid contracts

Florida Gov. Rick Scott speaking.
Florida Gov. Rick Scott's administration awarded new Medicaid contracts to insurers. Photo: Joe Raedle/Getty Images

Florida has awarded new five-year Medicaid contracts collectively worth more than $15 billion annually to a handful of health insurance companies, most of which already had contracts with the state.

The big picture: Florida runs one of the largest Medicaid programs in the country, making these contracts that start in 2019 extremely important to the insurers that get them as well as the 3.1 million low-income people who get care through the plans.