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With a market cap of around $20.6 billion, California-based Molina Healthcare, Inc. (MOH) delivers managed healthcare services through Medicaid, Medicare, and state insurance marketplaces. The company is a multi-state managed care organization focused exclusively on government-sponsored healthcare programs like Medicaid and the State Children's Health Insurance Program (SCHIP), dedicated to serving low-income individuals and families.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and MOH perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within its industry.