How Molina Healthcare views Obamacare now
Molina Healthcare CEO J. Mario Molina isn't fazed by President Trump's Obamacare executive order. But he's also not entirely confident about what will happen with the law and its insurance marketplaces — and he won't commit to staying in the marketplaces in 2018.
In an interview, Molina said the executive order is "symbolic" and doesn't change the plans for his company, an insurer that mostly covers Medicaid members but also has more than a half million Obamacare customers. Yet when asked if Molina Healthcare would keep offering Obamacare plans in 2018, he said: "There are just too many unknowns at this point to give a definitive answer."