MOLINA HEALTHCARE, INC. (NYSE:MOH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 in the Original Form 8-K to include disclosure of the effective date of Terry Bayer’s retirement and the terms thereof.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In the Original Form 8-K, the Company reported that, on January 10, 2018, Terry Bayer notified the Company of her intent to retire from her position as the Company’s chief operating officer. The effective date of Ms. Bayer’s retirement is February 2, 2018.

Ms. Bayer’s employment agreement with the Company was described in, and filed as Exhibit 10.1 to, the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 14, 2013. Ms. Bayer’s retirement was deemed a termination without cause for purposes of determining her eligibility to receive the additional payments and benefits specified in Section 7B of the Employment Agreement. Ms. Bayer will receive such additional payments and benefits in addition to her salary through the final date of her active employment, plus accrued and unused vacation pay, as required by Section 7A of her employment agreement. Ms. Bayer delivered to the Company an executed Release of Claims and Covenant Not to Sue as contemplated by her employment agreement.

About MOLINA HEALTHCARE, INC. (NYSE:MOH)

Molina Healthcare, Inc. offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other. Its Health Plans segment consists of health plans in approximately 10 states and the Commonwealth of Puerto Rico, and its direct delivery business. Its direct delivery business consists of the operation of primary care clinics in various states in which it operates health plans. Its Molina Medicaid Solutions segment provides design, development, implementation (DDI) and business process outsourcing (BPO) solutions to state governments for their Medicaid management information systems (MMIS). The Other segment includes other businesses, such as its Pathways Health and Community Support LLC (Pathways) behavioral health and social services provider.