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2021: Molina Healthcare acquires Magellan Complete Care line of business from Magellan Health, Inc. [31] With this acquisition, Molina enters Arizona, Massachusetts, and Virginia. [32] 2021: Molina Healthcare acquires Affinity Health Plan in New York. [33] 2021: Molina Healthcare acquires Cigna's Medicaid contracts in Texas. [34]
In the United States, Medicaid is a government program that provides health insurance for adults and children with limited income and resources. The program is partially funded and primarily managed by state governments, which also have wide latitude in determining eligibility and benefits, but the federal government sets baseline standards for state Medicaid programs and provides a ...
Magellan Health Inc. (formerly Magellan Health Services Inc.), is an American for-profit managed health care company and subsidiary of Centene that's focused on special populations, complete pharmacy benefits and other specialty areas of healthcare. Magellan supports innovative ways of accessing better health through technology, while remaining ...
VA currently has about 8.4 million veterans enrolled in its health care program. Of the remaining roughly 13 million living veterans, CBO estimates that about 8 million qualify to enroll in VA's health care program but have not enrolled. VA currently spends about $44 billion providing health care services to veterans, or about $5,200 per enrollee.
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Joseph Zubretsky (born 1956 or 1957) [1] is a businessman and health insurance expert who is currently serving as the CEO of Molina Healthcare. In the past he has served in leadership positions within Aetna and Hanover Insurance. [2]
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