Obamacare and Medicaid specialist Molina Healthcare to cut about 1,400 jobs, memo says

July 25, 2017


Molina Healthcare following the city’s water contamination and federal state of emergency. Molina Healthcare to cut about 1,400 jobs ¬†17 Hours Ago | 00:27Molina Healthcare, a health insurer that specializes in the Obamacare and Medicaid healthcare programs for low-income and poor people, plans to cut about 1,400 jobs in the next few months, according to an internal company memo reviewed by Reuters.

Molina’s decision comes after it reported a first-quarter loss related to the individual plans created under former Democratic President Barack Obama’s healthcare law, and then fired its Chief Executive Officer Mario Molina a few months later.

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