Molina Health CEO Says GOP Health Bill 'Poorly Drafted'
Mar.09 -- J. Mario Molina, Molina Healthcare chief executive officer, comments on the American Health Care Act. He speaks with Bloomberg's David Gura on "Bloomberg Markets."
President, Chief Executive Officer & Director, Molina Healthcare
Search every verified Joseph Zubretsky interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. In March 2017, Molina Healthcare CEO J. Mario Molina criticized the American Health Care Act, the Republican-backed bill to replace the Affordable Care Act. He described it as a "poorly drafted piece of legislation" that was "being rushed through Congress," and stated that the insurance industry was not consulted during its drafting. Molina predicted that 15 to 20 million Americans would lose coverage, particularly those who gained it through Medicaid expansion, and that premiums would increase significantly, with increases "as large or larger than what we saw last year." He argued that the bill would destabilize the individual market by removing the individual mandate and that provisions allowing the sale of insurance across state lines would "do a lot of damage to consumers." Molina also expressed concern about the shift of Medicaid from a federal program to the states, stating that it would force a choice between funding Medicaid and education, with a "huge ripple effect through the entire economy." He noted that the bill was opposed by doctors, hospitals, seniors, and governors from both parties, and he encouraged people to contact their representatives and governors to voice their concerns.
“I think this is a poorly drafted piece of legislation and it's being rushed through Congress.”
“As far as I know the insurance industry was not invited to participate in this so we've had no input and that's kind of extraordinary.”
“15 to 20 million Americans are going to lose their coverage โ those who got coverage under the ACA through Medicaid expansion.”
“Doctors don't like this bill, hospitals don't like this bill, seniors don't like this bill, Republican Governors don't like this bill and Democratic Governors don't like this bill โ so I'm not quite sure who benefits from this legislation.”
Mar.09 -- J. Mario Molina, Molina Healthcare chief executive officer, comments on the American Health Care Act. He speaks with Bloomberg's David Gura on "Bloomberg Markets."
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