Democratic Senators Elizabeth Warren and Ron Wyden have sent a letter to Maximus Inc., the largest private contractor for outsourced government benefits, demanding to know how the company stands to profit from proposed Republican-led cuts to Medicaid and other public assistance programs. They cite Maximus's history of alleged backlogs, delays, and fraud, and its lobbying efforts.
Democratic senators call on private firm to reveal how it will profit from Trump’s Medicaid cuts
United StatesElizabeth WarrenMedicaidDemocrats
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TL;DR: Key points with love ❤️Democratic Senators Elizabeth Warren and Ron Wyden have sent a letter to Maximus Inc., the largest private contractor for outsourced government benefits, demanding to know how the company stands to profit from proposed Republican-led cuts to Medicaid and other public assistance programs. They cite Maximus's history of alleged backlogs, delays, and fraud, and its lobbying efforts.
Trending- 1 Late 2022 and 2023: Maximus stock price jumped during post-pandemic Medicaid 'determination' process.
- 2 Since 2024: Maximus spent over $2 million lobbying the federal government.
- 3 Monday (2025-06-09): Senators Warren and Wyden sent a letter to Maximus Inc.
- 4 Future (by 2034): Congressional Budget Office estimates 16 million Americans could lose insurance due to Republican-led efforts.
- Potential for 16 million Americans to lose insurance by 2034 due to Republican-led efforts.
- Increased bureaucracy and 'red tape' for Medicaid beneficiaries, potentially leading to loss of insurance for those who cannot navigate new requirements.
- Maximus Inc. potentially profiting from these cuts and increased administrative needs.
- Public scrutiny and demands for accountability from Maximus Inc.
What: Democratic Senators Elizabeth Warren and Ron Wyden are demanding that Maximus Inc., a private contractor, disclose how it will financially benefit from proposed Republican-led cuts to Medicaid and other public assistance programs.
When: The letter was sent on Monday (2025-06-09). Maximus has spent over $2 million lobbying since 2024. The company's stock price jumped in late 2022 and 2023. The non-partisan Congressional Budget Office estimates 16 million Americans could lose insurance by 2034.
Where: United States (federal government, states). The company has lobbied in Washington.
Why: Senators suspect Maximus Inc. is lobbying for and will profit from policies that reduce Medicaid recipients and increase administrative requirements, potentially at the expense of low-income, elderly, and disabled Americans.
How: By sending a formal letter to Maximus Inc. and publicly raising concerns about the company's practices and potential financial gains from government policy changes.