{"id":826943,"date":"2025-03-18T09:08:14","date_gmt":"2025-03-18T13:08:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/molina-healthcare-wins-illinois-contract-to-provide-a-dual-eligible-special-needs-plan\/"},"modified":"2025-03-18T09:08:14","modified_gmt":"2025-03-18T13:08:14","slug":"molina-healthcare-wins-illinois-contract-to-provide-a-dual-eligible-special-needs-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/molina-healthcare-wins-illinois-contract-to-provide-a-dual-eligible-special-needs-plan\/","title":{"rendered":"Molina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan"},"content":{"rendered":"

<\/p>\n

Molina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan<\/b><\/p>\n

LONG BEACH, Calif.–(BUSINESS WIRE<\/a>)–
\nMolina Healthcare, Inc. (NYSE: MOH) (\u201cMolina\u201d or the \u201cCompany\u201d) announced today that the Company\u2019s subsidiary, Molina Healthcare of Illinois, Inc., was one of four managed care organizations awarded a contract by the Illinois Department of Healthcare and Family Services to provide a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). This contract will replace the State\u2019s Medicare-Medicaid Alignment Initiative (MMAI) demonstration program, which currently serves approximately 73,000 beneficiaries.\n<\/p>\n

\nThe go-live date for the new contract is expected to be January 1, 2026. The contract is expected to have an initial term of four years, with the option to extend the contract from the initial term so long as the total contract term does not exceed ten years.\n<\/p>\n

About Molina Healthcare<\/b><\/p>\n

\nMolina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces. For more information about Molina Healthcare, please visit MolinaHealthcare.com<\/a>.\n<\/p>\n

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. <\/b>This press release contains forward-looking statements regarding Illinois Department of Healthcare and Family Services selection of Molina Healthcare of Illinois. All forward-looking statements are based on the Company\u2019s 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, a delay in the start date for the contract, or a contract term that is shorter than expected. Given these risks and uncertainties, Molina cannot give assurances that its forward-looking statements will prove to be accurate. Information regarding the 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 (\u201cSEC\u201d), including the Company\u2019s most recent Annual Report on Form 10-K. These reports can be accessed under the investor relations tab of the Company\u2019s website or on the SEC\u2019s website at sec.gov<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250318876854\/en\/<\/a><\/span><\/p>\n

Investor Contact<\/b>: Jeff Geyer, Jeffrey.Geyer@molinahealthcare.com<\/a>, 305-317-3012\n<\/p>\n

Media Contact<\/b>: Caroline Zubieta, Caroline.Zubieta@molinahealthcare.com<\/a>, 562-951-1588\n<\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Managed Care Health Insurance Health Other Health<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Molina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan LONG BEACH, Calif.–(BUSINESS WIRE)– Molina Healthcare, Inc. (NYSE: MOH) (\u201cMolina\u201d or the \u201cCompany\u201d) announced today that the Company\u2019s subsidiary, Molina Healthcare of Illinois, Inc., was one of four managed care organizations awarded a contract by the Illinois Department of Healthcare and Family Services to provide a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). This contract will replace the State\u2019s Medicare-Medicaid Alignment Initiative (MMAI) demonstration program, which currently serves approximately 73,000 beneficiaries. The go-live date for the new contract is expected to be January 1, 2026. The contract is expected to have an initial term of four years, with the option to extend the contract from the … <\/p>\n

Continue reading “Molina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-826943","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMolina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/molina-healthcare-wins-illinois-contract-to-provide-a-dual-eligible-special-needs-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Molina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Molina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan LONG BEACH, Calif.–(BUSINESS WIRE)– Molina Healthcare, Inc. (NYSE: MOH) (\u201cMolina\u201d or the \u201cCompany\u201d) announced today that the Company\u2019s subsidiary, Molina Healthcare of Illinois, Inc., was one of four managed care organizations awarded a contract by the Illinois Department of Healthcare and Family Services to provide a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). This contract will replace the State\u2019s Medicare-Medicaid Alignment Initiative (MMAI) demonstration program, which currently serves approximately 73,000 beneficiaries. The go-live date for the new contract is expected to be January 1, 2026. 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