100 Most Influential People in Healthcare – 2016
President and CEO, Molina Healthcare
- Compensation: $10,265,657 - according to 2016 proxy statement
- Years on list: 2
As more states move to managed Medicaid and embrace the Affordable Care Act's expansion of Medicaid eligibility, Molina Healthcare has transformed into a dominant source of coverage for millions of low-income Americans. Dr. J. Mario Molina has led the family-owned company since 1996, taking over from his father, who founded Molina in 1980. The insurer's revenue soared 47% over the past year alone, and it expects revenue will exceed $17 billion this year. The company could become a larger player in the Medicare Advantage market, pending the acquisition of assets from the Aetna-Humana merger.