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Molina Healthcare Wins Illinois Contract to Provide a Dual Eligible Special Needs Plan

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Molina Healthcare (NYSE: MOH) has secured a significant contract through its Illinois subsidiary as one of four managed care organizations selected by the Illinois Department of Healthcare and Family Services. The contract involves providing a Fully Integrated Dual Eligible Special Needs Plan (D-SNP), replacing the State's Medicare-Medicaid Alignment Initiative (MMAI) demonstration program that currently serves approximately 73,000 beneficiaries.

The new contract is scheduled to commence on January 1, 2026, with an initial term of four years and potential extensions up to a total of ten years.

Molina Healthcare (NYSE: MOH) ha ottenuto un contratto significativo attraverso la sua filiale in Illinois, essendo una delle quattro organizzazioni di gestione sanitaria selezionate dal Dipartimento della Salute e dei Servizi Familiari dell'Illinois. Il contratto prevede la fornitura di un Piano Speciale per Bisogni Doppio Idonei completamente integrato (D-SNP), che sostituisce il programma di dimostrazione dell'Iniziativa di Allineamento Medicare-Medicaid (MMAI) dello Stato, attualmente in servizio per circa 73.000 beneficiari.

Il nuovo contratto è programmato per iniziare il 1 gennaio 2026, con un termine iniziale di quattro anni e possibili estensioni fino a un totale di dieci anni.

Molina Healthcare (NYSE: MOH) ha asegurado un contrato significativo a través de su filial en Illinois, siendo una de las cuatro organizaciones de atención administrada seleccionadas por el Departamento de Salud y Servicios Familiares de Illinois. El contrato implica proporcionar un Plan Especial de Necesidades Duales Totalmente Integrado (D-SNP), que reemplaza el programa de demostración de la Iniciativa de Alineación de Medicare-Medicaid (MMAI) del Estado, que actualmente atiende aproximadamente a 73,000 beneficiarios.

El nuevo contrato está programado para comenzar el 1 de enero de 2026, con un plazo inicial de cuatro años y posibles extensiones hasta un total de diez años.

몰리나 헬스케어 (NYSE: MOH)는 일리노이의 자회사를 통해 중요한 계약을 체결했으며, 일리노이 보건복지부가 선정한 네 개의 관리 의료 조직 중 하나입니다. 이 계약은 완전 통합 이중 자격 특별 필요 계획 (D-SNP)을 제공하는 것으로, 현재 약 73,000명의 수혜자에게 서비스를 제공하는 주의 메디케어-메디케이드 정렬 이니셔티브 (MMAI) 시범 프로그램을 대체합니다.

새로운 계약은 2026년 1월 1일에 시작될 예정이며, 초기 기간은 4년이며 최대 10년까지 연장이 가능합니다.

Molina Healthcare (NYSE: MOH) a obtenu un contrat significatif par le biais de sa filiale en Illinois, étant l'une des quatre organisations de soins gérés sélectionnées par le Département de la Santé et des Services Familiaux de l'Illinois. Le contrat implique la fourniture d'un Plan Spécial de Besoins Doubles Entièrement Intégré (D-SNP), remplaçant le programme de démonstration de l'Initiative d'Alignement Medicare-Medicaid (MMAI) de l'État, qui sert actuellement environ 73 000 bénéficiaires.

Le nouveau contrat doit commencer le 1er janvier 2026, avec une durée initiale de quatre ans et des extensions potentielles pouvant aller jusqu'à un total de dix ans.

Molina Healthcare (NYSE: MOH) hat über seine Tochtergesellschaft in Illinois einen bedeutenden Vertrag gesichert und ist eine von vier ausgewählten Managed Care-Organisationen des Illinois Department of Healthcare and Family Services. Der Vertrag umfasst die Bereitstellung eines Vollständig Integrierten Doppelt Berechtigten Sonderbedarfsplans (D-SNP), der das staatliche Medicare-Medicaid-Angleichungsprogramm (MMAI) ersetzt, das derzeit etwa 73.000 Begünstigte betreut.

Der neue Vertrag soll am 1. Januar 2026 beginnen und hat eine anfängliche Laufzeit von vier Jahren mit möglichen Verlängerungen auf insgesamt bis zu zehn Jahre.

Positive
  • Won major state contract as one of only four managed care organizations in Illinois
  • Access to approximately 73,000 potential beneficiaries from existing MMAI program
  • Long-term contract security with initial 4-year term and potential extension to 10 years
  • Strategic expansion in government-sponsored healthcare services
Negative
  • Contract implementation delayed until January 2026
  • Competition from three other managed care organizations in the program

LONG BEACH, Calif.--(BUSINESS WIRE)-- Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that the Company’s subsidiary, Molina Healthcare of Illinois, Inc., was one of four managed care organizations awarded a contract by the Illinois Department of Healthcare and Family Services to provide a Fully Integrated Dual Eligible Special Needs Plan (D-SNP). This contract will replace the State’s Medicare-Medicaid Alignment Initiative (MMAI) demonstration program, which currently serves approximately 73,000 beneficiaries.

The go-live date for the new contract is expected to be January 1, 2026. The contract is expected to have an initial term of four years, with the option to extend the contract from the initial term so long as the total contract term does not exceed ten years.

About Molina Healthcare

Molina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces. For more information about Molina Healthcare, please visit MolinaHealthcare.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements regarding Illinois Department of Healthcare and Family Services selection of Molina Healthcare of Illinois. All forward-looking statements are based on the Company’s current expectations that are subject to numerous risks and uncertainties that could cause actual results to differ materially. Such risks include, without limitation, a successful protest or legal action, a delay in the start date for the contract, or a contract term that is shorter than expected. Given these risks and uncertainties, Molina cannot give assurances that its forward-looking statements will prove to be accurate. Information regarding the risk factors to which the Company is subject is provided in greater detail in its periodic reports and filings with the Securities and Exchange Commission (“SEC”), including the Company’s most recent Annual Report on Form 10-K. These reports can be accessed under the investor relations tab of the Company’s website or on the SEC’s website at sec.gov.

Investor Contact: Jeff Geyer, Jeffrey.Geyer@molinahealthcare.com, 305-317-3012

Media Contact: Caroline Zubieta, Caroline.Zubieta@molinahealthcare.com, 562-951-1588

Source: Molina Healthcare, Inc.

FAQ

What type of contract did Molina Healthcare (MOH) win in Illinois?

Molina won a contract to provide a Fully Integrated Dual Eligible Special Needs Plan (D-SNP), replacing the State's Medicare-Medicaid Alignment Initiative program.

How many beneficiaries does the current MMAI program serve that Molina (MOH) will target?

The current Medicare-Medicaid Alignment Initiative program serves approximately 73,000 beneficiaries.

When will Molina Healthcare's (MOH) new Illinois D-SNP contract begin?

The contract is expected to go live on January 1, 2026.

What is the duration of Molina's (MOH) new Illinois D-SNP contract?

The contract has an initial term of 4 years, with potential extensions up to 10 years total.

How many managed care organizations were awarded the Illinois D-SNP contract alongside Molina (MOH)?

Molina was one of four managed care organizations awarded the contract.
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