Molina Healthcare of New Mexico said it will ''likely'' exit New Mexico if the insurer isn't awarded a contract to manage the state's Medicaid program, according to court documents obtained by the Albuquerque Journal.
Here are four things to know about Molina's lost bid.
1. New Mexico chose Blue Cross Blue Shield of New Mexico, Presbyterian Health Plan and Western Sky Community Care to manage Medicaid beneficiaries. UnitedHealthcare and Molina, both in the last year of their five-year contracts to manage the program, lost bids to retain their roles beginning in 2019.
2. In recent court documents, Molina said if it's ''not awarded a contract, which is [Human Services Department]'s current path, Molina will likely leave New Mexico entirely since Medicaid is the most significant portion of Molina's current business within the state.''
3. Molina has 1,100-plus employees in New Mexico and insures about 260,000 customers, with 224,000 being Medicaid recipients, according to the Albuquerque Journal.
4. On Monday, Molina filed a lawsuit against the New Mexico Human Services Department over its lost bid. The insurer is also seeking an injunction and restraining order against the department.
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