This health insurer's stock tumbles again as Medicaid, Obamacare businesses worsen

Core Insights - Molina Healthcare's stock is experiencing a significant decline due to a substantial profit miss attributed to rising medical costs and an increase in insurance claims [1] Company Summary - Molina Healthcare reported a profit miss, indicating that the company's earnings fell short of market expectations [1] - The increase in medical costs is primarily driven by a higher volume of insurance claims being filed by policyholders [1] Industry Summary - The healthcare insurance industry is facing challenges as medical costs continue to rise, impacting profitability for companies like Molina Healthcare [1] - The trend of increasing insurance claims suggests a potential shift in consumer behavior or health trends that may affect the overall market dynamics [1]