Molina Healthcare Selected For Nebraska Medicaid Managed Care Program
September 26 2022 - 4:15PM
Business Wire
Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) today announced
that its health plan subsidiary, Molina Healthcare of Nebraska, has
been selected by the Nebraska Department of Health and Human
Services (DHHS) to provide health care services to Nebraskans under
the state’s Medicaid managed care program.
The new five-year contract for Molina’s Nebraska health plan is
expected to begin January 1, 2024. Molina Healthcare of Nebraska is
one of three managed care organizations selected to offer health
care coverage to approximately 360,000 Medicaid beneficiaries in
the state.
About Molina Healthcare
Molina Healthcare, Inc., a FORTUNE 500 company (currently ranked
125), provides managed healthcare services under the Medicaid and
Medicare programs and through the state insurance marketplaces.
Through its locally operated health plans, Molina Healthcare served
approximately 5.1 million members as of June 30, 2022. For more
information about Molina Healthcare, please visit
molinahealthcare.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995. This press release contains forward-looking
statements regarding DHHS’s selection of Molina Healthcare of
Nebraska. All forward-looking statements are based on the Company’s
current expectations that are subject to numerous risks and
uncertainties that could cause actual results to differ materially.
Such risks include, without limitation, a successful protest or
legal action, or a delay in the start date for the contract. Given
these risks and uncertainties, Molina cannot give assurances that
its forward-looking statements will prove to be accurate.
Information regarding the other risk factors to which the Company
is subject is provided in greater detail in its periodic reports
and filings with the Securities and Exchange Commission, including
the Company’s most recent Annual Report on Form 10-K. These reports
can be accessed under the investor relations tab of the Company’s
website or on the SEC’s website at sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20220925005055/en/
Investor Contact: Joseph Krocheski,
Joseph.Krocheski@molinahealthcare.com, 562-951-8382 Media
Contact: Caroline Zubieta,
Caroline.Zubieta@molinahealthcare.com, 562-951-1588
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