Managed healthcare company offering Medicaid, Medicare, and health insurance marketplace plans.
Molina Healthcare, Inc., based in Long Beach, California, specializes in delivering managed healthcare services to low-income families and individuals across the United States. Established in 1980, the company operates primarily through four distinct segments: Medicaid, Medicare, Marketplace, and Other. Its comprehensive service offerings cater to members eligible for Medicaid and Medicare, as well as those enrolled in state insurance marketplaces and other government-sponsored healthcare programs. As of December 31, 2021, Molina Healthcare served approximately 5.2 million members, reflecting its significant footprint and commitment to providing accessible healthcare solutions.
The Medicaid segment of Molina Healthcare focuses on offering healthcare services tailored to the needs of Medicaid beneficiaries, ensuring access to essential medical care and support services. Concurrently, the Medicare segment provides specialized healthcare coverage to eligible individuals under the federal Medicare program, addressing the unique healthcare needs of seniors and individuals with disabilities. In addition, Molina Healthcare actively participates in the state insurance marketplaces, offering health insurance plans that comply with regulatory requirements and cater to diverse consumer needs.
Beyond its core operations, Molina Healthcare remains dedicated to enhancing healthcare accessibility and affordability for underserved populations. Through strategic partnerships and community engagement initiatives, the company seeks to promote health equity and improve health outcomes nationwide. With a robust presence in 18 states, Molina Healthcare continues to expand its reach and influence in the managed healthcare sector, positioning itself as a pivotal player in the evolving landscape of public healthcare delivery.