MOLINA HEALTHCARE IS LAYING OFF 14-HUNDRED JOBS IN THE NEXT SEVERAL MONTHS. MOLINA IS NEW MEXICO’S LARGEST PARTICIPANT IN THE INSURANCE MARKETPLACE IN THE STATE. IT SERVES ABOUT 270-THOUSAND MEMBERS HERE.
THE LAYOFFS WERE ANNOUNCED MONTHS AFTER MOLINA ANNOUNCED IT WOULD CUT 81 JOBS FROM ITS WORK FORCE IN NEW MEXICO OF 12-HUNDRED. IT’S THE INSURER THAT ASKED FOR THE LOWEST RATE HIKE IN THE STATE. THE CUTS REPRESENT 10 PERCENT OF MOLINA’S HEALTH PLAN JOBS.