Headquartered in Long Beach, Calif., Molina Healthcare has 4.6 million members.
Five things to know:
- Molina Healthcare is helmed by CEO Joseph Zubretsky and CFO Mark Keim. Both held previous roles with Aetna.
- Mr. Zubretsky is one of 34 payer executives on America's Health Insurance Plans' board.
- Molina was ordered to pay $17.5 million in damages after a Texas jury ruled in June the company had failed to fully reimburse emergency room physicians.
- San Diego's city attorney sued Molina Healthcare, Kaiser Permanente and HealthNet June 25 for misleading members with inaccurate provider directories.
- The company generated revenue of $19.4 billion in 2020, earning it the seventh spot among health insurers that made Fortune's 500 list.