Molina Reports Income Drops Due To Exchanges, Urges Risk Adjustment Changes In 2017

Molina Health Plan is calling on the administration to implement changes in the risk adjustment methodology this year, rather than in 2018, to help issuers stay afloat in the struggling exchanges, saying such a policy would have saved the company $70 million if it had been in place for 2016. Molina in its 2016 fourth quarter earnings call Wednesday attributed a net decline in revenue largely to poor performance of the exchange plans as well as Medicaid issues in several...