Health insurer Molina cuts profit targets as medical costs surge across industry
- Posted on July 7, 2025
- By Bing News
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Health insurer Molina cuts profit targets as medical costs surge across industry
(Reuters) -Molina Healthcare on Monday cut its annual profit forecast and warned of weaker-than-expected quarterly earnings, joining a growing list of health insurers grappling with a spike in medical costs. Major health insurers including UnitedHealth and Centene have seen a wave of higher-than-anticipated medical claims over the past two years. Increased demand for healthcare under