Molina Healthcare Expands Its Medicaid Business To Become Key Player On Marketplaces
While other insurers are pulling out of the health law marketplaces, California-based Molina is expanding. This year it is expected to be in 12 states.
Meet The Insurer Making Money From ObamaCare
A California-based insurer that once sold mostly Medicaid plans has become a top competitor in ObamaCare’s marketplaces.In likely the toughest year yet for the reform law, Molina Healthcare is thriving in a market that’s seen high-profile departures from some of the nation’s largest health insurers. Dr. Mario Molina, the company’s CEO, attributes much of the company’s success to its long history of selling Medicaid plans, which forced it to rein in costs. (Ferris, 9/20)