How Molina Healthcare Is Affecting Healthcare As we speak — Credihealth Weblog

Molina Healthcare is an organization that gives healthcare and well being data administration to households. By way of its providers, it provides sources and instruments to assist individuals keep on prime 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 packages. The corporate has an extended 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 without doubt one of the largest Medicaid-managed care organizations in america, serving over 4 million members in eleven states. The corporate additionally provides business plans in 5 states by the ACA exchanges. Along with its insurance coverage merchandise, Molina Healthcare additionally gives varied different healthcare providers akin to 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. Nevertheless, Molina Healthcare has additionally been praised for its efforts to enhance entry to look after its members, notably these with power diseases.

What does Molina Healthcare do?

Molina Healthcare is a publicly traded managed care firm headquartered in Lengthy Seaside, California. The corporate gives 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 provides different providers akin to dental, imaginative and prescient, and prescription drug protection.

Molina Healthcare was based in 1980 by C. David Molina, a physician 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 earnings or social standing.

The corporate operates on a not-for-profit foundation, which 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 packages to offer look after low-income residents. The corporate is headquartered in Lengthy Seaside, California, and was based in 1980.

Molina Healthcare contracts with state Medicaid packages to offer look after low-income residents. The corporate is headquartered in Lengthy Seaside, 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 gives a variety of healthcare providers, together with main and preventive care, hospitalization, pharmaceuticals, and behavioral well being providers. Molina Healthcare additionally provides quite a lot of wellness and illness administration packages 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 income, and its position within the privatization of Medicaid.

On the plus facet, Molina Healthcare gives entry to high quality well being look after tens of millions of low-income People who would in any other case be with out protection. The corporate has additionally been praised for its revolutionary use of know-how to enhance affected person care and decrease prices.

Conclusion

Molina Healthcare is without doubt one of the largest healthcare suppliers in america. It serves over 23 million members and gives entry to high quality, reasonably priced healthcare for households and people.  Molina Healthcare is a publicly traded firm on the New York Inventory Change (NYSE: MOH). As of 2018, it had a market capitalization of $6.4 billion.

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