Molina on course to exit key NM insurance market in 2019

Molina Healthcare of New Mexico is set to exit the state's Medicaid market in 2019, the company confirmed to Albuquerque Business First on Tuesday. Molina attributed its upcoming departure to the state's rejection of its bid for the Human Services Department's current Centennial Care MCO (managed care organizations) Procurement contract. "We are disappointed that we were not selected to provide services through New Mexico's Statewide Medicai d Managed Care program beginning Jan.1, 2019," the company…
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