Molina Healthcare last week completed its acquisition of Magellan Health’s Magellan Complete Care. Magellan’s specialty Medicaid products currently serve 145,432 members in Arizona, Florida and Virginia. The insurer also offers long-term care plans for seniors in Massachusetts and New York. The move expands Molina’s Medicaid footprint into Arizona and Virginia, and boosts its Florida business. Molina is currently the fifth-largest managed Medicaid insurer in the U.S., serving 3,017,109 lives.
Source: AIS’s Directory of Health Plans