Stephens analyst Scott Fidel estimated that Molina could add about 1.4 million members while Centene could lose about 1.2 million, mostly due to the loss of its Los Angeles business. “While the company’s most significant Medi-Cal win in LA County still faces some competitor appeals, (Molina) is confident it will be awarded the full business, embedding its contribution in the 2024 premium revenue target of $37+ billion,” Fidel said in a research note.
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