CHICAGO--(BUSINESS WIRE)--Nov. 15, 2012--
Molina Healthcare, Inc. (NYSE: MOH) today announced that its Illinois
health plan, Molina Healthcare of Illinois, has been chosen to serve
members in Central Illinois under the state’s Medicare-Medicaid
Alignment Initiative (MMAI). This initiative is intended to improve care
coordination for seniors and adults with disabilities enrolled in both
Medicare and Medicaid. The selection of Molina Healthcare of Illinois
was made by the Illinois Department of Healthcare and Family Services
pursuant to its request for proposals issued in May 2012. The
commencement of the initiative is subject to the readiness review of the
selected health plans and the execution of three-way provider agreements
between the health plans, the Department, and the federal Centers for
Medicare and Medicaid Services (CMS). The MMAI is subject to federal
approval. The operational start date for the program, which will serve
approximately 136,000 dual eligible members in the state, is currently
scheduled for Fall of 2013.
“We are excited to be selected as one of the plans to manage the health
care of this vulnerable population in Illinois,” said Terry Bayer, chief
operating officer of Molina Healthcare. “We have years of experience
across the country in coordinating care for at-risk individuals who are
eligible for both Medicare and Medicaid. Our prior experience with this
population will help us to improve health outcomes while we reduce costs
for the state of Illinois.”
The Central Illinois area includes Knox, Peoria, Tazewell, McLean,
Logan, DeWitt, Sangamon, Macon, Christian, Piatt, Champaign, Vermilion,
Ford, Menard, and Stark counties. In addition to the MMAI, Molina will
also serve other seniors and persons with disabilities in the Medicaid
Program as the state expands the Integrated Care Program that was
implemented in suburban Cook County and the five collar counties in May
of 2011.
Molina Healthcare has also been selected to participate in dual
eligibles demonstration projects in California and Ohio, which are
scheduled to begin in 2013.
About Molina Healthcare, Inc.
Molina Healthcare, Inc. a FORTUNE 500 company, provides quality and
cost-effective Medicaid-related solutions to meet the health care needs
of low-income families and individuals and to assist state agencies in
their administration of the Medicaid program. Molina Healthcare’s
licensed health plans in California, Florida, Michigan, New Mexico,
Ohio, Texas, Utah, Washington, and Wisconsin currently serve more than
1.8 million members, and its subsidiary, Molina Medicaid Solutions,
provides business processing and information technology administrative
services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey,
and West Virginia, and drug rebate administration services in Florida.
More information about Molina Healthcare is available at www.molinahealthcare.com.
Source: Molina Healthcare, Inc.
Molina Healthcare, Inc.
Juan José Orellana, 562-435-3666,
ext. 111143
Investor Relations
or
Sunny Yu, 562-901-1039
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