Molina Healthcare is an organization that provides healthcare and well being info administration to households. By way of its providers, it presents assets and instruments to assist folks keep on high of their well being.
Who’s Molina Healthcare?
Molina Healthcare is a big, for-profit managed care firm that contracts with state and federal authorities medical health insurance applications. The corporate has a protracted historical past of offering healthcare providers to low-income households and people and has been more and more concerned within the Reasonably priced Care Act (ACA) alternate marketplaces. Molina drug rehabs
Molina Healthcare is likely one of the largest Medicaid-managed care organizations in america, serving over 4 million members in eleven states. The corporate additionally presents business plans in 5 states by the ACA exchanges. Along with its insurance coverage merchandise, Molina Healthcare additionally offers numerous different healthcare providers reminiscent of pharmacy profit administration, behavioral well being providers, and first care clinics.
The corporate has been criticized for its excessive charges of denials of protection and claims, in addition to its aggressive debt assortment practices. Nonetheless, Molina Healthcare has additionally been praised for its efforts to enhance entry to take care of its members, significantly these with continual sicknesses.
What does Molina Healthcare do?
Molina Healthcare is a publicly traded managed care firm headquartered in Lengthy Seashore, California. The corporate offers medical health insurance to low-income households and people underneath the age of 65 who don’t qualify for Medicare. Along with medical health insurance, Molina Healthcare additionally presents different providers reminiscent of dental, imaginative and prescient, and prescription drug protection.
Molina Healthcare was based in 1980 by C. David Molina, a health care provider who noticed a necessity for high quality healthcare for underserved populations. Since then, the corporate has grown to serve over 4 million members in 11 states and Puerto Rico. Molina Healthcare is dedicated to offering entry to high quality healthcare for all, no matter revenue or social standing.
The corporate operates on a not-for-profit foundation, that means any extra income is reinvested again into the enterprise or used to offer extra advantages to members. This dedication to its members has resulted in Molina Healthcare receiving excessive marks from impartial ranking organizations like J.D. Energy and Associates and the Nationwide Committee for High quality Assurance (NCQA).
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How does Molina Healthcare work?
Molina Healthcare is a medical health insurance firm that contracts with state Medicaid applications to offer take care of low-income residents. The corporate is headquartered in Lengthy Seashore, California, and was based in 1980.
Molina Healthcare contracts with state Medicaid applications to offer take care of low-income residents. The corporate is headquartered in Lengthy Seashore, California, and was based in 1980.
Molina Healthcare’s focus is on offering high-quality and cost-effective healthcare providers to its members. The corporate offers a variety of healthcare providers, together with major and preventive care, hospitalization, pharmaceuticals, and behavioral well being providers. Molina Healthcare additionally presents quite a lot of wellness and illness administration applications to assist its members keep wholesome.
What are the Execs and Cons of Molina Healthcare?
Molina Healthcare is a big, for-profit managed care firm that operates in 14 states and serves over 4 million low-income People. The corporate has been criticized for its excessive administrative prices, its aggressive pursuit of earnings, and its function within the privatization of Medicaid.
On the plus aspect, Molina Healthcare offers entry to high quality well being take care of thousands and thousands of low-income People who would in any other case be with out protection. The corporate has additionally been praised for its modern use of know-how to enhance affected person care and decrease prices.
Conclusion
Molina Healthcare is likely one of the largest healthcare suppliers in america. It serves over 23 million members and offers entry to high quality, reasonably priced healthcare for households and people. Molina Healthcare is a publicly traded firm on the New York Inventory Trade (NYSE: MOH). As of 2018, it had a market capitalization of $6.4 billion.
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