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Wednesday April 23rd 2014

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Molina Healthcare Seeks Bigger Share of Covered California

molinaAfter a slow start, Molina Healthcare Inc. is looking for bigger enrollment in California’s health insurance exchange in the next three months. The publicly traded company based in Long Beach had only 521 enrollees in the Covered California exchange, or less than 1% market share, through Nov. 30. Molina has traditionally served patients enrolled in Medicaid and other government programs, so its presence on nine state exchanges across the country marks a major move into the broader commercial insurance market. A spokesperson said Molina’s meager enrollment through the end of November was a \disappointment as the company has invested significant resources into its exchange business according to a recent story at www.latimes.com.