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Molina Healthcare , the private Medicaid insurer, has a big problem on its hands. So many people are signing up for Medicaid insurance that the company is spending big money hiring new people to ...
Molina Healthcare was founded in 1980 by C. David Molina, an emergency room physician in Long Beach, California. [4] He had seen an influx of patients using the emergency room for common illnesses such as a sore throat or the flu because they were being turned away by doctors who would not accept Medi-Cal.
In 2024, Molina Healthcare announced that Zubretsky's tenure as CEO had been secured and that he would work 2027, and that Zubretsky had been "awarded a special one-time stock grant". [9] [10] In 2021, Modern Healthcare rated Zubretsky 67th in its list of the 100 Most Influential in Healthcare. [4] In 2021, Zubretsky was paid $17,812,327 as CEO ...
Dr. Molina, the subject of a profile in The New York Times this year, was one of the foremost critics of the steps taken by the Trump administration and Republicans in Congress to overhaul the federal health care law. Under his leadership, Molina, which specializes in providing care to low-income individuals, had become a mainstay of the ...
Molina Healthcare Plans Achieve High Rankings in NCQA's Medicaid Health Insurance Plan Rankings 2012-2013 LONG BEACH, Calif.--(BUSINESS WIRE)-- Molina Healthcare, Inc. (NYS: MOH) today announced ...
“The nation’s largest nursing home pharmacy, Omnicare Inc. of Covington, Kentucky, will pay $98 million,” Assistant Attorney General Tony West announced, to settle charges that it “solicited and received kickbacks from a pharmaceutical manufacturer, Johnson & Johnson (J&J), in exchange for agreeing to recommend that physicians prescribe Risperdal, a J&J antipsychotic drug, to nursing ...
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President Barack Obama signed the Affordable Care Act (ACA) into law on March 23, 2010, in the East Room before a select audience of nearly 300 people. He stated that the health reform effort, designed after a long and acrimonious debate facing fierce opposition in the Congress to expand health insurance coverage, was based on "the core principle that everybody should have some basic security ...