UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 19, 2007

MOLINA HEALTHCARE, INC.

Delaware (State of incorporation)		1-31719 (Commission File Number)		13-4204626 (I.R.S. Employer Identification Number)

One Golden Shore Drive, Long Beach, California 90802
(Address of principal executive offices)

Registrant’s telephone number, including area code: (562) 435-3666

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 8.01. Other Events.

     In both its Quarterly Report on Form 10-Q filed on May 7, 2007 and its Quarterly Report on Form 10-Q filed on August 7, 2007, the Company had included certain tables summarizing various categories of unaudited financial information by individual health plan. The four categories are: premium revenue, medical care costs, medical care ratio, and premium taxes. The tables included in the Company’s two Form 10-Q filings covered the first and second quarters of 2007, and the first and second quarters of 2006.

     Attached hereto as Exhibit 99.1 and incorporated herein by reference is the same plan-level financial information covering the third and fourth quarters of 2006. For ease of reference, a total of ten tables are presented in chronological order starting with the first quarter of 2006, six of which tables were previously filed and four of which are being filed originally herewith. All financial information in the tables is unaudited. The first three tables and the eighth through tenth tables as presented were previously filed as part of the Company’s Form 10-Q for the relevant time periods as described above. The fourth through seventh tables presented, which show the same plan-level financial information for the three months ended September 30, 2006, the nine months ended September 30, 2006, the three months ended December 31, 2006, and the twelve months ended December 31, 2006, respectively, are new.

     The Company believes the four new tables covering its 2006 fiscal year will better allow readers to track on a continuous basis over time the historical performance of its individual health plans. The Company will file the corresponding tables for the quarter and nine months ended September 30, 2007 when it files its Quarterly Report on Form 10-Q for the quarter ended September 30, 2007, and likewise will file the corresponding tables for the quarter and twelve months ended December 31, 2007 when it files its Annual Report on Form 10-K for the year ended December 31, 2007.

Item 9.01. Financial Statements and Exhibits.

     (d) Exhibits:

Exhibit
No.		Description
99.1		Tables summarizing by quarter and by health plan premium revenue, medical care costs, medical care ratio, and premium taxes.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX

Exhibit
No.		Description
99.1		Tables summarizing by quarter and by health plan premium revenue, medical care costs, medical care ratio, and premium taxes.

EXHIBIT 99.1

     The following unaudited tables summarize by health plan premium revenue, medical care costs, medical care ratio, and premium taxes for each of the four quarters of 2006 and the first two quarters of 2007 (amounts in thousands, except PMPM amounts which are in whole dollars):

		Three Months Ended March 31, 2006
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	93,539			$	98.73			$	78,062			$	82.39				83.5	%		$	3,027
Indiana			13,551				172.50				12,032				153.17				88.8	%			—
Michigan			77,708				180.29				59,902				138.98				77.1	%			4,741
New Mexico			55,580				312.27				47,638				267.65				85.7	%			1,877
Ohio			10,111				211.23				9,037				188.79				89.4	%			456
Utah			43,847				242.13				39,805				219.81				90.8	%			—
Washington			154,908				178.48				132,144				152.26				85.3	%			2,704
Other			50				—				4,627				—				—				—
Total		$	449,294			$	164.46			$	383,247			$	140.29				85.3	%		$	12,805

		Three Months Ended June 30, 2006
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	92,032			$	99.34			$	82,254			$	88.79				89.4	%		$	2,957
Indiana			16,696				167.50				15,564				156.15				93.2	%			—
Michigan			101,822				180.32				79,999				141.67				78.6	%			6,013
New Mexico			53,860				305.87				43,486				246.96				80.7	%			1,998
Ohio			18,467				214.96				16,696				194.35				90.4	%			813
Utah			43,626				243.58				40,062				223.67				91.8	%			—
Washington			153,344				178.64				118,284				137.80				77.1	%			2,646
Other			(24	)			—				5,370				—				—				—
Total		$	479,823			$	166.01			$	401,715			$	138.99				83.7	%		$	14,427

		Six Months Ended June 30, 2006
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	185,571			$	99.03			$	160,316			$	85.55				86.4	%		$	5,984
Indiana			30,247				169.70				27,596				154.83				91.2	%			—
Michigan			179,530				180.31				139,901				140.51				77.9	%			10,754
New Mexico			109,440				309.09				91,124				257.36				83.3	%			3,875
Ohio			28,578				213.62				25,733				192.36				90.1	%			1,269
Utah			87,473				242.85				79,867				221.73				91.3	%			—
Washington			308,252				178.56				250,428				145.07				81.2	%			5,350
Other			26				—				9,997				—				—				—
Total		$	929,117			$	165.26			$	784,962			$	139.62				84.5	%		$	27,232

		Three Months Ended September 30, 2006
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	93,590			$	102.71			$	85,283			$	93.59				91.1	%		$	2,934
Indiana			24,626				164.15				25,384				169.20				103.1	%			—
Michigan			122,209				179.25				95,049				139.42				77.8	%			7,505
New Mexico			58,648				324.51				50,533				279.61				86.2	%			2,164
Ohio			20,977				219.76				20,466				214.41				97.6	%			968
Texas			280				108.86				381				148.47				136.4	%			24
Utah			39,268				234.81				35,961				215.03				91.6	%			—
Washington			152,481				180.40				112,372				132.95				73.7	%			2,587
Other			1				—				5,441				—				—				2
Total		$	512,080			$	168.77			$	430,870			$	142.00				84.1	%		$	16,184

		Nine Months Ended September 30, 2006
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	279,161			$	100.23			$	245,599			$	88.18				88.0	%		$	8,918
Indiana			54,873				167.16				52,980				161.40				96.6	%			—
Michigan			301,739				179.88				234,950				140.06				77.9	%			18,259
New Mexico			168,088				314.30				141,657				264.88				84.3	%			6,039
Ohio			49,555				216.18				46,199				201.54				93.2	%			2,237
Texas			280				108.86				381				148.47				136.4	%			24
Utah			126,741				240.30				115,828				219.61				91.4	%			—
Washington			460,733				179.17				362,800				141.08				78.7	%			7,937
Other			27				—				15,438				—				—				2
Total		$	1,441,197			$	166.49			$	1,215,832			$	140.45				84.4	%		$	43,416

		Three Months Ended December 31, 2006
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	92,910			$	102.29			$	82,933			$	91.31				89.3	%		$	2,820
Indiana			28,073				164.60				26,431				154.97				94.2	%			—
Michigan			128,096				186.23				100,746				146.47				78.6	%			7,723
New Mexico			53,509				279.31				45,803				239.09				85.6	%			2,164
Ohio			45,196				212.18				40,050				188.02				88.6	%			2,028
Texas			4,228				135.38				4,307				137.89				101.9	%			55
Utah			38,766				239.46				35,589				219.84				91.8	%			—
Washington			153,017				182.46				121,635				145.04				79.5	%			2,569
Other			117				—				5,326				—				—				2
Total		$	543,912			$	169.81			$	462,820			$	144.50				85.1	%		$	17,361

		Twelve Months Ended December 31, 2006
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	372,071			$	100.74			$	328,532			$	88.95				88.3	%		$	11,738
Indiana			82,946				166.29				79,411				159.20				95.7	%			—
Michigan			429,835				181.73				335,696				141.93				78.1	%			25,982
New Mexico			221,597				305.07				187,460				258.08				84.6	%			8,203
Ohio			94,751				214.25				86,249				195.03				91.0	%			4,265
Texas			4,508				133.37				4,688				138.70				104.0	%			79
Utah			165,507				240.10				151,417				219.66				91.5	%			—
Washington			613,750				179.98				484,435				142.06				78.9	%			10,506
Other			144				—				20,764				—				—				4
Total		$	1,985,109			$	167.39			$	1,678,652			$	141.55				84.6	%		$	60,777

		Three Months Ended March 31, 2007
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	92,932			$	104.89			$	76,324			$	86.14				82.1	%		$	3,030
Michigan			123,766				185.06				104,601				156.40				84.5	%			7,509
New Mexico			57,193				297.61				49,219				256.12				86.1	%			2,216
Ohio			74,944				220.37				69,262				203.66				92.4	%			3,372
Texas			14,456				218.47				13,348				201.73				92.3	%			257
Utah			30,927				205.63				28,466				189.27				92.0	%			—
Washington			161,982				189.20				131,259				153.32				81.0	%			2,684
Other			35				—				3,998				—				—				33
Total		$	556,235			$	176.04			$	476,477			$	150.80				85.7	%		$	19,101

		Three Months Ended June 30, 2007
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	94,710			$	108.43			$	76,185			$	87.22				80.4	%		$	3,202
Michigan			121,427				184.43				101,184				153.68				83.3	%			7,364
New Mexico			61,337				312.44				52,949				269.71				86.3	%			1,394
Ohio			111,457				279.18				101,515				254.28				91.1	%			5,016
Texas			24,953				273.48				22,774				249.59				91.3	%			433
Utah			30,033				206.15				26,535				182.14				88.4	%			—
Washington			162,905				189.45				130,726				152.02				80.2	%			2,685
Other			305				—				4,997				—				—				(19	)
Total		$	607,127			$	188.30			$	516,865			$	160.30				85.1	%		$	20,075

		Six Months Ended June 30, 2007
		Premium Revenue								Medical Care Costs								Medical				Premium Tax
		Total				PMPM				Total				PMPM				Care Ratio				Expense
California		$	187,642			$	106.64			$	152,509			$	86.68				81.3	%		$	6,232
Michigan			245,193				184.75				205,785				155.05				83.9	%			14,873
New Mexico			118,530				305.11				102,168				262.99				86.2	%			3,610
Ohio			186,401				252.13				170,777				231.00				91.6	%			8,388
Texas			39,409				250.35				36,122				229.47				91.7	%			690
Utah			60,960				205.88				55,001				185.76				90.2	%			—
Washington			324,887				189.33				261,985				152.67				80.6	%			5,369
Other			340				—				8,995				—				—				14
Total		$	1,163,362			$	182.23			$	993,342			$	155.60				85.4	%		$	39,176