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materiality 0.80
Molina Healthcare of New Mexico awarded Medicaid contract; go-live July 2024
MOLINA HEALTHCARE, INC.
- New Mexico HSD intends to award Molina a Medicaid managed care contract under the Turquoise Care program.
- Go-live date expected July 1, 2024; contract term of three years with potential five-year extensions.
- Molina is one of four health plans awarded contracts, covering approximately 785,000 enrollees.
- Award follows rescission of the January 30, 2023 cancellation of the Turquoise Care RFP.
- Molina Healthcare of New Mexico will offer coverage to all managed care enrollees in the state.