Best's Insurance News & Analysis

Search

Advanced

Best's Insurance News & Analysis

News Products

Best's Insurance News & Analysis subscription required - July 31, 2020 01:01 PM (EDT)

Molina Posts Jump in Second Quarter Net, Issues $75 Million in Medicaid Refunds

Molina Healthcare Inc. reported a 40% increase in second-quarter net income even though the company paid out pretax $75 million in coronavirus-related refunds to states where it operates Medicaid . . .

-- This content requires a subscription --

Already a subscriber?

Login Register your purchase

Not a Subscriber?

Best's Insurance News & Analysis

A subscription includes:

BestWeek
Best's Rankings
Best's Special Reports
Unrestricted Access to real-time and archived news stories
Best's Review
BestDay
and more...

HEALTH INSURERS COVID-19 (Coronavirus) EARNINGS

Reprints & Redistribution

Latest News

British Columbia Regulator Approves 15% Drop in Auto Insurance Rates
Jan 15, 2021 04:21 PM (EST)

Judge Tosses Imprisoned Exec’s Suit Against North Carolina Insurance Commissioner
Jan 15, 2021 04:08 PM (EST)

AM Best Comments on Credit Ratings of ProSight Specialty Group Members Following Acquisition Announcement
Jan 15, 2021 04:06 PM (EST)

MedPLI CEO: Technology Takes Hold as Medical Liability Rates Rise
Jan 15, 2021 03:58 PM (EST)

Virginia Bill Would Scrap Cap on Medical Malpractice Damages
Jan 15, 2021 03:50 PM (EST)

More from Best’s News

Trending

1

MedPLI CEO: Technology Takes Hold as Medical Liability Rates Rise
Jan 15, 2021 03:58 PM (EST)

2

UK Supreme Court Sides Against Insurers in COVID-19 Business Interruption Test Case
Jan 15, 2021 03:01 PM (EST)

3

Update: Three Brokerages Accuse Erie Insurance of Redlining in Baltimore
Jan 14, 2021 04:29 PM (EST)

4

Trump Signs Bill Voiding McCarran-Ferguson Protections for Health Carriers
Jan 14, 2021 03:04 PM (EST)

5

Hippo Insurance Forms Captive to Participate in Its Reinsurance Treaty Panel
Feb 19, 2020 02:49 PM (EST)

1

Trump Signs Bill Voiding McCarran-Ferguson Protections for Health Carriers
Jan 14, 2021 03:04 PM (EST)

2

Lemonade: Public Offering Could Net $466.1 Million
Jan 12, 2021 02:41 PM (EST)

3

Former NFL Star Sues AIG Over Nearly $1 Million Claim
Jan 12, 2021 02:01 PM (EST)

4

Film Production Insurers Regrouping Amid Crippling COVID-19 Losses
Jan 12, 2021 10:07 AM (EST)

5

California Insurance Co. Sues Lara and Others Over ‘Vendetta’
Jan 11, 2021 04:18 PM (EST)

1

California Insurance Co. Sues Lara and Others Over ‘Vendetta’
Jan 11, 2021 04:18 PM (EST)

2

Update: Guardrisk to Reassess Some Claims Following South African Appeals Court Ruling in BI Case
Dec 29, 2020 03:44 PM (EST)

3

W.R. Berkley Partners With Global Investors to Launch Lifson Re
Dec 28, 2020 12:10 PM (EST)

4

Spurred by Explosive Growth of Lawsuits Against Insurers in Florida, Homeowners Rates Climb
Dec 18, 2020 03:56 PM (EST)

5

Arceo.ai Exec: Chief Security Officers Want Additional Support After Cyberbreach
Aug 21, 2020 02:53 PM (EDT)

1

AM Best: COVID Bringing New Challenges to Professional Lines
Nov 25, 2020 12:34 PM (EST)

2

NAIC Plans to Upgrade 20-Year-Old SERFF System
Nov 19, 2020 04:29 PM (EST)

3

AM Best Affirms Credit Ratings of Fubon Insurance Co., Ltd.
Nov 06, 2020 11:31 AM (EST)

4

Arceo.ai Exec: Chief Security Officers Want Additional Support After Cyberbreach
Aug 21, 2020 02:53 PM (EDT)

5

A.M. Best Affirms Ratings of Mapfre Panamá S.A.
Jan 13, 2016 11:57 AM (EST)

Related Companies

AMB#	Company Name
051101	Molina Healthcare, Inc.

Centene Agrees to Acquire Magellan Health in $2.2 Billion Deal
Jan 04, 2021 06:14 PM (EST)

Molina to Acquire New York Medicaid Provider Affinity for $380 Million
Sep 29, 2020 11:44 AM (EDT)

Molina Healthcare Completes Passport Health Medicaid Acquisition in Kentucky
Sep 01, 2020 01:42 PM (EDT)

Health Insurers Face Scrutiny After Record Second-Quarter Profits, but Face Potential $547B in Virus Claims
Sep 01, 2020 09:37 AM (EDT)

Molina to Pay $20 Million for Passport Health’s Medicaid, Dual Eligible Lines
Jul 17, 2020 02:56 PM (EDT)

More Related Company News

http://www.ambest.com/bestweek/submitnews.html