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Stock Market & Financial Investment News

News Breaks
April 6, 2012
09:07 EDTMOHMolina Healthcare of California selected for dual eligible project
Molina Healthcare announced that its wholly owned subsidiary, Molina Healthcare of California, has been selected by the California Department of Health Care Services to participate as an integrated health plan in California’s proposed demonstration project to provide healthcare services for beneficiaries who are eligible for both Medi-Cal and Medicare in San Diego County. In addition to San Diego County, Los Angeles County was also selected by DHCS for a dual-eligible demonstration project. MHC will participate in the Los Angeles County dual-eligible pilot program as a subcontracted health plan.
News For MOH From The Last 14 Days
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November 12, 2014
08:58 EDTMOHManaged Care earnings risk low from King vs. Burwell, says Leerink
Leerink believes the Supreme Court decision to the King vs. Burwell case carries low earnings risk for Managed Care companies. The case to determine the legality of Exchange subsidies administered by the Federal Government carries less than 2% and 3% of earnings risk for 2014 and 2015 estimates, respectively, Leerink believes. The firm says Humana (HUM) and Cigna (CI) are currently losing money on Exchanges, and thus could benefit from any Federal Exchange membership loss. Leerink lists Aetna (AET), Centene (CNC), WellPoint (WLP) and Molina Healthcare (MOH) as being most impacted.
November 11, 2014
12:55 EDTMOHWorkarounds to likely protect insurers from Supreme Court decision, says Wedbush
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