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Long Beach, California-based Molina Healthcare, Inc. (MOH) provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. With a market cap of $9.6 billion, Molina operates through Medicaid, Medicare, Marketplace, and Other segments and has operations spanning almost 20 U.S. states.
Companies worth between $2 billion and $10 billion are generally referred to as “mid-cap stocks.” Molina fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the healthcare plans industry.