other material
confidence high
sentiment positive
materiality 0.70
Molina wins Illinois Medicaid contract; go-live Jan 2027, 4.5-year term
MOLINA HEALTHCARE, INC.
- Illinois HFS intends to award HealthChoice Illinois Medicaid contract to Molina's Illinois subsidiary.
- Contract expected to start January 1, 2027, with base term of 4.5 years plus state option to extend up to 5.5 years.
- Molina Healthcare of Illinois will be one of six plans serving IL's approximately 3.1 million Medicaid beneficiaries.