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Molina Acquires Premera Plans

By Staff Writer

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NU Online News Service, June 7, 2004, 1:12 p.m. EDT – Molina Healthcare Inc., Long Beach, Calif., has completed previously announced plans to acquire 2 blocks of business from Premera Blue Cross, Mountainlake Terrace, Wash.[@@]

Molina took over a Healthy Options Medicaid plan with 43,000 members and a Basic Health plan with 21,000 members.

Molina now has a total of 588,000 health plan members in California, Michigan, Utah and Washington, and almost half of its members are in Washington.