Molina Healthcare Inc - Company Profile
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Molina Healthcare Inc (Molina) provides managed healthcare services under the Medicaid and Medicare programs and through state insurance marketplaces. The company's major services include Medicaid programs such as temporary assistance for needy families, Medicaid aged, blind or disabled, and the children's health insurance program, as well as Medicare advantage plans. Molina serves low-income families and individuals, including dual-eligible beneficiaries who qualify for both Medicare and Medicaid. The company operates through contracts with state governments and the Centers for Medicare & Medicaid Services, providing healthcare services across various states. Molina's geographic presence spans multiple states in the US, focusing on Medicaid and Medicare markets. Molina Healthcare is headquartered in Long Beach, California, the US.
Headquarters
United States of America
Address
200 Oceangate, Suite 100, Long Beach, California, 90802
Website
www.molinahealthcare.com
Telephone
1 562 4353666
No of Employees
19,000
Industry
Financial Services
Ticker Symbol & Exchange
MOH (NYSE)
Revenue (2024)
$45.4B
11.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-60%
(2024 vs 2023)
Market Cap*
$11.9B
Net Profit Margin (2024)
XYZ
-64.1%
(2024 vs 2023)
* As of and is in US$
Molina Healthcare Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Health Plans: | Managed Healthcare |
| Medicare Advantage Plans | Medicaid |
| Medicaid Plans | Medicare |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, Molina Healthcare of Illinois secured a contract for the HealthChoice Illinois Medicaid Managed Care program from the Illinois Department of Healthcare and Family Services. |
| 2026 | Corporate Changes/Expansions | In May, the company opened a One-Stop Help Center in Albuquerque, New Mexico. |
| 2025 | Corporate Changes/Expansions | In April, Molina Healthcare of California launched its One Stop Help Center in Sacramento, California, the US. |
Competitor Comparison
| Key Parameters | Molina Healthcare Inc | UnitedHealth Group Inc | CVS Health Corp | The Cigna Group | Elevance Health Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Long Beach | Eden Prairie | Woonsocket | Bloomfield | Indianapolis |
| State/Province | California | Minnesota | Rhode Island | Connecticut | Indiana |
| No. of Employees | 19,000 | 390,000 | 300,000 | 67,700 | 96,129 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dale B. Wolf | Chairman | Executive Board | 2013 | 71 |
| Joseph M. Zubretsky | Chief Executive Officer; Director; President | Executive Board | 2017 | 69 |
| Mark L. Keim | Chief Financial Officer; Senior Executive Vice President | Senior Management | 2023 | 60 |
| Maurice S. Hebert | Chief Accounting Officer | Senior Management | 2019 | 63 |
| Jeff D. Barlow | Chief Legal Officer; Secretary | Senior Management | 2010 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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