A Texas man took COVID-19 tests at an emergency room. Then, he got a bill for $54,000. [USA TODAY]
Molina Healthcare Inc (MOH)
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Source: USA TODAY
Travis Warner told NPR he and his wife's June, 2020 visit to the free-standing ER at Lewisville's SignatureCare Emergency Center was, at first, a relief because he could return to work once he tested negative. The couple drove 30 minutes outside of Dallas because of the limited testing availability at the time. At the hospital visit, Warner individually received PCR diagnostic tests for COVID-19, plus the less-accurate rapid antigen tests due to time sensitivity in wanting to return to work. Relief turned into outrage when the bill came through the mail. The more-accurate PCR test and antigen test together cost $54,000 when including the ER facility fee. The taxes and additional cost added the bill up to a whopping $56,384. Warner, who is self-employed and has his own health care plan with Molina Healthcare, negotiated the price with the hospital to eventually bump it all the way down to $16,915.20. The insurer paid that in full. "At least I'm not liable for anything," Warner
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News
- An Intrinsic Calculation For Molina Healthcare, Inc. (NYSE:MOH) Suggests It's 37% Undervalued [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at Wells Fargo & Company from $440.00 to $410.00. They now have an "equal weight" rating on the stock.MarketBeat
- Molina (MOH) Wins Deal to Serve Michigan's Medicaid Members [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare Wins Michigan Medicaid Contract [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare Wins Michigan Medicaid ContractBusiness Wire
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Earnings
- 2/7/24 - Beat
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Sec Filings
- 4/11/24 - Form 8-K
- 4/2/24 - Form 4
- 4/2/24 - Form 4
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