![]() Exhibit 99.1 Molina Healthcare 3Q Update 2006 Credit Suisse Healthcare Conference November 15-17, 2006 Phoenix, AZ |
![]() 2 “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Anyone viewing or listening to this presentation is expected to have read Molina’s Form 10-K for the year ended December 31, 2005, and its Forms 10- Q for the quarters ended March 31, 2006, June 30, 2006 and September 30, 2006. Any statements made herein that are not historical facts are forward- looking and thus subject to numerous risks and uncertainties that could cause our actual results to differ materially. Such forward-looking statements should be considered in connection with the risk factors and cautionary statements contained in our Forms 10-K and 10-Q and in our other reports and filings with the Securities and Exchange Commission. Unless otherwise noted, all forward- looking statements represent our judgment as of November 16, 2006, and we disclaim any obligation to update such statements. Cautionary Statement |
![]() 3 Washington 280,000 New Mexico 62,000 Utah 54,000 Utah 54,000 Indiana 54,000 Michigan 227,000 Texas 3,000 California 302,000 Ohio 33,000 ** All membership figures as of 9/30/2006 Contract diversification Organic growth Acquisitions Start ups New populations membership growth membership growth (in thousands) 405 489 788 893 564 1,015** 298 '00 '01 '02 '03 '04 '05 '06 Molina Markets & Members** |
![]() 4 Third Quarter Financial Review 1,015,000 $517.5M 84.1% 11.7% 8.6% $12.3M $0.44 28.3M Enrollment Revenue Medical Care Ratio G&A Ratio Core G&A Net Income Diluted EPS Diluted Shares Outstanding 904,000 $428.6M 86.1% 11.0% 7.4% $6.8M $0.24 28.1M 3Q05 3Q06 |
![]() 5 Columbus Cincinnati Dayton New Leadership: Jesse Thomas Central Region Expansion Mandatory effective 12/1 Systems error identified affecting ABD awards East Central, Central, & South West Molina Healthcare of Ohio NOT affected Expansion Update Ohio Ohio |
![]() 6 Texas Update STAR (TANF Product) Started September 2006 (Houston) Healthy Families (CHIP Product) Starts January 2007 (Houston) STAR+PLUS (ABD Product) Starts January 2007 (San Antonio & Houston) Houston San Antonio |
![]() 7 Quality Quality Accreditation Quality Accreditation 6 eligible Molina health plans accredited by NCQA & HEDIS scores posted on-line All of Molina’s eligible health plans named among the nation’s Top 50 Medicaid health plans by US News & World Report* MHW: state’s top plan MHC: top 5 (2 plans) in CA MHM: top ten in MI MHU: state’s top plan and 12th nationally * source: http://www.whitehouse.gov/news/releases/2006/08/20060822-2.html State Medicaid rankings: |
![]() 8 Investment Highlights A Solution to State’s rising Medicaid budgets Diversified geographically and into new populations Demonstrated commitment to quality Competitive administrative cost structure Experienced management team 25+ year history |
![]() 9 Q&A |