Molina Falls on Exclusion From Virginia Medicaid Contract Awards

Molina Healthcare drops as much as 2.7%, the most intraday in a month, after the health insurer was excluded from a list of firms to be awarded Medicaid contracts by Virginia.

• Virginia announced intent to award Medicaid contracts to Elevance Health, CVS Health, Humana, UnitedHealth and Sentara

--With assistance from Janet Freund.

To contact the reporter on this story:
Angel Adegbesan in New York at aadegbesan3@bloomberg.net

To contact the editors responsible for this story:
Matt Turner at mturner107@bloomberg.net

Brandon Harden

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