Thread regarding Molina Healthcare Inc. layoffs

Why would anyone want to buy Molina?

People are freaking out and worried that the little old family run Molina that they used to know and love is going to get bought out by some big healthcare company and life will never be the same. But the question that I ask is... why would anyone want to buy Molina?

Why would anyone want to buy a small fry company that's losing hundreds of millions of dollars a quarter? To gain membership you say? Haha! Molina's not exactly a 5 star plan - an aggressive larger company can convert the existing member during OEP and AEP and not have to pay anything to Molina.

To gain a competitive edge and/or obtain intellectual property? Haha! Not sure who would be paying anything for a company that leveraged Obamacare to grow out of control and now has to slash and burn because the cash cow got Trumped... what exactly would anyone get from buying Molina?

To gain entry into certain markets? Well, that would make some sense if Molina wasn't closing out offices and pulling out of the exchanges and marketplaces. If Molina didn't stop the majority of their advertising and marketing campaigns. Kinda hard to be interested in a health insurance company that doesn't seem to want to provide health insurance.

Stay if you want. Leave if you can. Either way - keep taking their money until they fire you...

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| 1851 views | | 4 replies (last November 15, 2017) | Reply
Post ID: @OP+QfAwRB5

4 replies (most recent on top)

Not disagreeing. But what health insurance company is not in the same boat?

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Post ID: @1usg+QfAwRB5

It's time to stop thinking about what is happening to Molina and accept that it is being sold or eventually will close. It doesn't REALLY matter which...from the perspective of an employee. You'll be out of a job. I can't believe anyone who works at Molina hasn't considered this truth. Stop focusing so much on what is happening and focus on leaving. You'll be a million times happier in a new job. In about a year, no one will be thinking about Molina.

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Post ID: @1qar+QfAwRB5

Yea, I agree with the other comment there. They are right as rain. This is obvious. The purchase would be of the membership. Not the organization. It's a market share and government contracts. All worthwhile to a company who has a commercial product to offset the medicare/medicaid loss for now. It seems very clear the company will be sold. If you ask anyone who has worked for a company where this is happened, they all agree this is how it looks. There are many things that point in the direction of a sale. Letting the Molina's go, laying people off (who the company actually need), hiring a CEO with little healthcare experience but experience with acquisitions. If you do not believe this is what is happening you should do your own research. There are articles written in the stock market publications, etc.

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Post ID: @lgn+QfAwRB5

I think Molina is attractive for its government contracts. It’s this access to the market in managed care (Medicaid) that would be valuable to a bigger health care company.

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Post ID: @sqd+QfAwRB5

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