MOLINA HEALTHCARE, INC.
Molina Healthcare, Inc. is a Delaware corporation founded in 1980 that provides managed healthcare services under Medicaid and Medicare programs, as well as through state insurance marketplaces. The company's mission is to improve the health and lives of its members by delivering high-quality healthcare. Its strategic priorities include organic and inorganic growth, strong MCR and G&A management, and reinvesting excess capital in the business or returning it to shareholders. Molina's business segments include Medicaid, Medicare, Marketplace, and Other. The company's website is <https://www.molinahealthcare.com>, and its ticker symbol is "MOH." Molina Healthcare's business strategy is to maintain a balanced approach to growth, including market share gains, new state contracts, and M&A. The company has had recent successes in California, where it acquired Brand New Day and Central Health Plan of California, and in New Mexico, where it was awarded a new Medicaid contract. Molina also participated in RFPs in Nebraska, Texas, and Iowa, and expects to grow its market share in those states. The company's capital management plan includes paying dividends to the parent company, increasing investment income, and purchasing up to $750 million of its common stock. Molina's Medicaid business provides healthcare and long-term services and supports to low-income Americans. The company participates in various Medicaid programs, including TANF, ABD, CHIP, Medicaid Expansion, and LTSS. Molina's Medicaid contracts are subject to renewal and amendment, and the company's significant contracts include those in New York, Texas, and Washington. Molina's Medicare business provides healthcare coverage to eligible persons age 65 and over, as well as some disabled persons. The company participates in Medicare Advantage-Part D, D-SNP, FIDE, and MMP programs. Molina's MMP contracts are expected to continue through December 31, 2025, and the company plans to transition these members to integrated D-SNP products on January 1, 2026. Molina's website is <https://www.molinahealthcare.com>, and its ticker symbol is "MOH."