Molina Healthcare Inc (MHG)

Overview

Molina Healthcare, Inc. is a premier provider of managed healthcare services targeted primarily at families and individuals with lower incomes. Since its establishment in 1980, the company has dedicated itself to delivering high-quality health services through government-sponsored programs, such as Medicaid and Medicare, as well as via the state insurance marketplaces. With its headquarters nestled in Long Beach, California, Molina Healthcare extends its critical services across 19 states, playing a pivotal role in the healthcare ecosystem by addressing the needs of underprivileged communities and ensuring they have access to necessary medical care.

Products and Services

• Medicaid

  Molina Healthcare serves the Medicaid population by providing comprehensive, coordinated healthcare services. This program targets low-income individuals and families, ensuring they receive quality medical care without financial strain. Through the Medicaid segment, Molina offers routine check-ups, emergency care, maternity services, and more, tailored to meet the unique needs of its Medicaid beneficiaries.

• Medicare

  Through its Medicare segment, Molina Healthcare caters to the needs of older adults and other eligible individuals by offering Medicare Advantage plans. These plans not only cover everything original Medicare does but also provide additional benefits such as prescription drug coverage, vision, dental, and wellness programs to promote a healthier and more fulfilling lifestyle among the Medicare population.

• Marketplace

  Molina's Marketplace segment provides health insurance plans through the state insurance marketplaces created under the Affordable Care Act (ACA). These plans are designed to offer essential health benefits to individuals and families who may not qualify for Medicaid or Medicare but still seek affordable health insurance options. Molina’s marketplace plans vary by state but generally include a range of coverage from preventive services to emergency care, making healthcare accessible to a wider audience.

• Other

  Besides its primary services in Medicaid, Medicare, and the Marketplace, Molina Healthcare also engages in additional activities that support its mission of delivering high-quality healthcare services. This may include participation in state or federally funded programs, pilot projects, and other healthcare-related services that aim to improve the overall health outcomes of the communities it serves.