Login

NON-SUBSCRIBER OPTIONS
FREE TRIAL   |   NEWSSTAND

Daily News

Molina Lists Reasons For Exchange Exits, Not Retrenching From Medicaid Managed Care

August 03, 2017
Molina Health interim CEO Joe White told investors that a failure to invest in new business capabilities and to absorb Affordable Care Act growth as well as non-competitive provider contracts led to its disappointing second quarter performance as he announced exits from two exchanges amid a company restructuring. Molina will leave the Wisconsin and Utah marketplaces, reduce its presence in Washington state, significantly increase premiums and look very closely at its remaining markets, but won't retrench from Medicaid managed care,...


Not a subscriber? Sign up for 30 days free access to exclusive, detailed reporting as the Trump administration and congressional Republicans, following the collapse of their Obamacare repeal effort, search for a new way forward.