Yesterday, Covered California released some selected health insurers' sales data. The press release emphasized the fact that insurers that cut their prices in 2016 gained market share.
As I've been tracking the offerings performance of Medicaid managed care providers (MCOs) that are selling on the ACA exchanges, I was interested in the snippets about Molina, an MCO that fields narrow networks on the exchanges and probably pays providers something close to Medicaid rates. Here's what CoveredCA had to say about Molina in CA in 2016:
Molina Healthcare lowered its rates for 2016 and ended up enrolling more than 50,000 new consumers during open enrollment, which, when added to the more than 37,000 who selected Molina in renewal, means it has more than 88,000 enrolled, the fifth-largest total statewide...
