Molina Healthcare Wins Ohio Medicaid Contracts
April 13 2021 - 6:00AM
Business Wire
Molina Healthcare, Inc. (NYSE: MOH) today announced that its
Ohio health plan subsidiary has been selected as an awardee in all
three regions across the state pursuant to the Medicaid managed
care RFA issued on September 30, 2020, by the Ohio Department of
Medicaid (ODM).
The new contract for Molina’s Ohio health plan is expected to
begin in early 2022, and will offer health care coverage to
Medicaid beneficiaries through the State of Ohio’s Covered Family
and Children, Expansion, and Aged, Blind or Disabled programs which
in total cover approximately 3.0 million members.
“We are honored that ODM has selected Molina to continue to
serve the state’s most vulnerable citizens, as we have been proud
to do for more than 15 years,” said Ami Cole, president of Molina’s
Ohio health plan. “We are thrilled to be part of Ohio’s
implementation of exciting and forward-thinking approaches in its
next generation of managed care.”
About Molina Healthcare
Molina Healthcare, Inc., a FORTUNE 500 company, provides managed
healthcare services under the Medicaid and Medicare programs and
through the state insurance marketplaces. Through its locally
operated health plans, Molina Healthcare served approximately 4.0
million members as of December 31, 2020. For more information about
Molina Healthcare, please visit molinahealthcare.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This press release contains “forward-looking statements”
regarding the provisional award of a Medicaid managed care contract
to Molina’s Ohio health plan by ODM. All forward-looking statements
are based on the Company’s current expectations that are subject to
numerous risks and uncertainties that could cause actual results to
differ materially. Such risks include, without limitation, the
failure to finalize or formalize the provisional awards or to
execute a final Medicaid managed care contract, changes incidental
to a successful protest or legal action, a delay in the start date
for the contract, or other supervening action by ODM or a court.
Given these risks and uncertainties, Molina cannot give assurances
that its forward-looking statements will prove to be accurate. All
forward-looking statements in this release represent Molina’s
judgment as of the date hereof, and it disclaims any obligation to
update any forward‑looking statements to conform the statement to
changes in its expectations that occur after the date of this
release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210413005416/en/
Investor Contact: Julie Trudell,
Julie.Trudell@molinahealthcare.com, 562-912-6720 Media
Contact: Caroline Zubieta, Caroline.Zubieta@molinahealthcare.com,
562-951-1588
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