Obamacare Causes Unexpected Losses for Molina Healthcare

By Kara Jones

Molina Healthcare’s stock tumbled after hours Wednesday after the health insurer posted a fourth-quarter loss that was attributed to parts of Obamacare — a big problem for one of the health insurers that has had success in the program. However, the company didn’t lose money because it had sicker-than-expected enrollees. In fact, medical costs for…

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