M
ME NEWS
19 Mar 2025, 06:03
Molina Healthcare Announces Contract Win for Illinois Dual Eligible Special Needs Plan (D-SNP)
Long Beach, California – March 18, 2025 – Molina Healthcare, Inc. (NYSE: MOH) has announced that its subsidiary, Molina Healthcare of Illinois, Inc., has been awarded a contract by the Illinois Department of Healthcare and Family Services (HFS) to provide a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). Molina is one of four managed care organizations selected for this program, which is designed to serve individuals eligible for both Medicare and Medicaid.
This contract reflects Molina’s ongoing expansion in the managed care sector, reinforcing its commitment to improving healthcare outcomes for vulnerable populations. The company's D-SNP program will integrate medical, behavioral, and social services to provide comprehensive and coordinated care for eligible members.
The official press release related to this announcement is included as Exhibit 99.1 in Molina’s Form 8-K filing with the Securities and Exchange Commission (SEC).
Key Highlights
Awarded by: Illinois Department of Healthcare and Family Services (HFS)
Program: Fully Integrated Dual Eligible Special Needs Plan (D-SNP)
Service Area: Illinois
Molina’s Role: One of four managed care organizations selected
This announcement is part of Molina’s broader strategy to expand its footprint in government-sponsored healthcare programs, ensuring access to quality and cost-effective care for Medicare-Medicaid dual-eligible beneficiaries.
Long Beach, California – March 18, 2025 – Molina Healthcare, Inc. (NYSE: MOH) has announced that its subsidiary, Molina Healthcare of Illinois, Inc., has been awarded a contract by the Illinois Department of Healthcare and Family Services (HFS) to provide a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). Molina is one of four managed care organizations selected for this program, which is designed to serve individuals eligible for both Medicare and Medicaid.
This contract reflects Molina’s ongoing expansion in the managed care sector, reinforcing its commitment to improving healthcare outcomes for vulnerable populations. The company's D-SNP program will integrate medical, behavioral, and social services to provide comprehensive and coordinated care for eligible members.
The official press release related to this announcement is included as Exhibit 99.1 in Molina’s Form 8-K filing with the Securities and Exchange Commission (SEC).
Key Highlights
Awarded by: Illinois Department of Healthcare and Family Services (HFS)
Program: Fully Integrated Dual Eligible Special Needs Plan (D-SNP)
Service Area: Illinois
Molina’s Role: One of four managed care organizations selected
This announcement is part of Molina’s broader strategy to expand its footprint in government-sponsored healthcare programs, ensuring access to quality and cost-effective care for Medicare-Medicaid dual-eligible beneficiaries.