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Molina Healthcare, Inc. Added to
KLD's Domini 400 Social Index
BOSTON,
MA - October 5, 2005 - KLD Research & Analytics, Inc.
announced today that it added Molina Healthcare, Inc.
(MOH) to KLD's Domini 400 SocialSM Index (DS
400 Index).
Molina
Healthcare, Inc. is a managed healthcare company that
markets healthcare programs to low-income families and
individuals who are eligible for Medicaid, the Children's
Health Insurance Program, the Healthy Families Program
and other government sponsored health insurance programs.
The company has health plans in California, Washington,
Utah and Michigan and operates twenty-one primary care
clinics in Northern and Southern California.
Molina Healthcare, Inc.
is headquartered in Long Beach, California.
Reasons KLD added
Molina Healthcare, Inc. to the DS 400 Index
- The company offers
high quality healthcare to underserved communities.
In 2004, the National Committee for Quality Assurance
awarded Molina Healthcare with an "Excellent"
accreditation, the highest merit rating given. NCQA
evaluates how well a health plan manages physicians,
hospitals, other providers and administrative services.
- Molina Healthcare has
hired a cultural anthropologist to deal with the variety
of languages and culturally diverse needs of the different
regions in which the company offers services.
- The company has strong
representation of women and minorities in senior management
and on its board. One woman and two minorities serve
among the company's four principal senior line executives.
Four of the company's seven-member board of directors
are women or minorities.
About the KLD Family
of Indexes
KLD's family of social,
environmental and sustainability indexes includes: the
Domini 400 Social Index (DS 400 Index), launched in 1990,
the established benchmark for measuring the impact of
social screening on financial performance; the KLD Catholic
Values 400SM Index (KLD CV 400 Index), launched in 1998,
modeled on KLD's DS 400; the KLD Broad Market SocialSM
Index (KLD BMS Index), launched in 2001, the screened
subset of the Russell 3000® Index; the KLD Large Cap
SocialSM Index (KLD LCS Index), launched in 2001, the
screened subset of the Russell 1000® Index; the KLD
NASDAQ Social Index (KLD NS Index), launched in 2002,
modeled on the NASDAQ Composite Index; the KLD Select
SocialSM Index (KLD SS Index), launched in 2004, the first
US index maximizing sustainability factors; and the KLD
Global Climate Change 100 SM Index (KLD GC 100 Index),
launched in 2005, the first global index focused on solutions
to climate change.
About KLD Research & Analytics,
Inc.
KLD Research & Analytics,
Inc. is an independent investment research firm providing
investment management tools used by professionals to serve
clients requiring investment strategies based on social
and environmental responsibility. KLD products and services,
including Socrates (a web-based, company research tool)
are used for screening, compliance and asset gathering.
For more information about KLD or its family of Indexes,
please see our website (www.kld.com)
or contact Karen Agredo by phone (617.426.5270) or e-mail
(kagredo@kld.com).
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