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Molina Healthcare Comments on Recent ACA Ruling

December 17, 2018

LONG BEACH, Calif.--(BUSINESS WIRE)--Dec 17, 2018--Molina Healthcare, Inc. (NYSE: MOH) today issued the following statement with respect to the recent ruling on the Affordable Care Act (“ACA”) by the U.S. District Court for the Northern District of Texas:

“While we are disappointed in the recent Northern District of Texas court’s ACA ruling, we recognize that this is a first step in what will be a lengthy appeals process. Regardless, the ACA will remain in effect for 2019, and we are optimistic that it will remain in effect thereafter. We support efforts by Congress and the Administration to stabilize the ACA’s programs and ensure continued protection of Americans with pre-existing conditions.”

About Molina Healthcare

Molina Healthcare, Inc., a FORTUNE 500 company, provides managed health care services under the Medicaid and Medicare programs and through the state insurance marketplaces. Through its locally operated health plans, Molina Healthcare served approximately 4 million members as of September 30, 2018. For more information about Molina Healthcare, please visit our website at www.molinahealthcare.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005354/en/

CONTACT: Molina Healthcare:

Ryan Kubota

Investor Relations

562-435-3666

Laura Murray

Public Relations

562-506-9208

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PRACTICE MANAGEMENT HEALTH HOSPITALS PUBLIC POLICY/GOVERNMENT HEALTHCARE REFORM STATE/LOCAL WHITE HOUSE/FEDERAL GOVERNMENT PROFESSIONAL SERVICES INSURANCE LEGAL GENERAL HEALTH MANAGED CARE

SOURCE: Molina Healthcare, Inc.

Copyright Business Wire 2018.

PUB: 12/17/2018 07:45 AM/DISC: 12/17/2018 07:46 AM

http://www.businesswire.com/news/home/20181217005354/en

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