MIAMI-DADE, Fla. – Molina Healthcare is cutting about 1,500 jobs from its corporate department and health plans nationwide, and some of those jobs are in South Florida.
The California-based company has a strong presence in Miami-Dade and there were tears at its Doral office Thursday morning when some employees learned they were laid off.
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"We are taking aggressive, urgent and determined actions to improve our financial performance," said Joseph White, the interim chief executive, during a press conference about the April-to-June quarter's $230 million loss.
In addition to the job cuts, Molina Healthcare will also not be offering government-subsidized marketplace Obamacare plans in Utah and Wisconsin.
Republican Sens. Bill Cassidy of Louisiana and Lindsey Graham of South Carolina have a new proposal to scrap President Barack Obama’s health care overhaul.
Their proposal shifts money and decision-making from the federal government to the states, allows insurers to charge higher premiums to seriously ill customers and cuts Medicaid, the health insurance program for the poor, over time.