Once that’s done, the acquisition is expected to add $1 to Molina’s earnings per share over time. ConnectiCare is the second of two purchases for California-based Molina over the past year.

The deal adds $1.4 billion in annual premiums to Molina’s topline and 140,000 additional Medicare, Affordable Care Act marketplace and commercial members to the insurer’s rolls.

Molina Healthcare said Monday it closed its purchase of ConnectiCare. The deal adds 140,000 Medicare, exchange and commercial enrollees to Molina’s portfolio, Molina said in a news release.

(RTTNews) - Molina Healthcare, Inc (MOH), a California-based managed health care company Monday announced that it completed the acquisition of ConnectiCare ... steadily over the years to become ...

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of ConnectiCare Holding Company, Inc. (“ConnectiCare”) closed effective as of ...

(RTTNews) - Molina Healthcare, Inc (MOH), a California-based managed health care company Monday announced that it completed the acquisition of ConnectiCare Holding Company, Inc. as of February 1 ...

LONG BEACH, Calif., February 03, 2025--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of ConnectiCare Holding Company, Inc ...

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The acquisition represents a strategic fit by adding an established government sponsored health plan and a new state to its ...

To protect Connecticut's Medicaid population, the state insurance department should reject a Delaware corporation's attempt to buy ConnectiCare ... companies have taken over the management ...