UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
______________
FORM 8-K
______________
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): February 5, 2014
______________
MOLINA
HEALTHCARE, INC.
(Exact
name of registrant as specified in its charter)
|
Delaware |
1-31719 |
13-4204626 |
|
(State of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
______________
|
200 Oceangate, Suite 100, Long Beach, California 90802 |
|
(Address of principal executive offices) |
Registrant’s telephone number, including area code: (562) 435-3666
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01. Regulation FD Disclosure.
On February 5, 2014, the Company announced that its wholly owned subsidiary, Molina Healthcare of California, has been selected to contract with the California Department of Health Care Services (DHCS) and the Centers for Medicare and Medicaid Services (CMS) to participate in Los Angeles County as a direct contractor in the Cal MediConnect program, often referred to as the Duals Demonstration. The full text of the press release is included as Exhibit 99.1 to this report.
Note: The information in this Form 8-K current report and the exhibits attached hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
|
Exhibit |
Description |
| 99.1 | Press release of Molina Healthcare, Inc. issued on February 5, 2014 regarding the selection of Molina Healthcare of California to contract with DHCS and CMS. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MOLINA HEALTHCARE, INC. |
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| Date: | February 5, 2014 | By: |
/s/ Jeff D. Barlow |
|
Jeff D. Barlow |
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|
Sr. Vice President - General Counsel and |
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Secretary |
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EXHIBIT INDEX
|
Exhibit |
|
| No. | Description |
| 99.1 |
Press release of Molina Healthcare, Inc. issued on February 5, 2014 regarding the selection of Molina Healthcare of California to contract with DHCS and CMS. |
Exhibit 99.1
Molina Healthcare Awarded Contract to Participate in Dual Eligible Demonstration Project in Los Angeles County
LONG BEACH, Calif.--(BUSINESS WIRE)--February 5, 2014--Molina Healthcare, Inc. (NYSE:MOH) today announced that its wholly owned subsidiary, Molina Healthcare of California, has been selected to contract with the California Department of Health Care Services (DHCS) and the Centers for Medicare and Medicaid Services (CMS) to participate in Los Angeles County as a direct contractor in the Cal MediConnect program, often referred to as the Duals Demonstration. The commencement of the Duals Demonstration in Los Angeles County is subject to readiness review of Molina Healthcare of California and the execution of a three-way agreement among Molina Healthcare, DHCS, and CMS. In addition to serving duals in Los Angeles County, Molina has previously signed three-way contracts to participate in the Duals Demonstration in Riverside, San Bernardino, and San Diego counties.
“We are excited about the opportunity to directly serve dually eligible members in Los Angeles County,” said J. Mario Molina, MD, president and chief executive officer of Molina Healthcare, Inc. “We have many years of experience arranging for health care services to both Medi-Cal and Medicare beneficiaries in this market and look forward to leveraging that experience to coordinate the healthcare benefits for these duals patients.”
Dual eligibles are those individuals who are eligible for both Medicare and Medi-Cal benefits. As part of California’s Coordinated Care Initiative, referred to as Cal MediConnect, DHCS will passively enroll beneficiaries in Los Angeles County directly into Molina Healthcare no sooner than July 2014.
Molina Healthcare’s health plans in Illinois, Ohio, Michigan, and South Carolina have also been selected to participate in dual eligible demonstrations in their respective states commencing later this year.
About Molina Healthcare, Inc.
Molina Healthcare, Inc. (NYSE: MOH), a FORTUNE 500 company, provides quality and cost-effective Medicaid-related solutions to meet the health care needs of low-income families and individuals and to assist state agencies in their administration of the Medicaid program. Molina Healthcare’s licensed health plans in California, Florida, Illinois, Michigan, New Mexico, Ohio, South Carolina, Texas, Utah, Washington, and Wisconsin currently serve approximately 2.1 million members, and its subsidiary, Molina Medicaid Solutions, provides business processing and information technology administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, and drug rebate administration services in Florida. More information about Molina Healthcare is available at www.molinahealthcare.com.
CONTACT:
Molina Healthcare, Inc.
Juan José Orellana, 562-435-3666
Investor
Relations
or
Sunny Yu, 562-901-1039
Public Relations