WATERLOO, Iowa - Molina Healthcare of Iowa ('Molina'), in collaboration with The MolinaCares Accord ('MolinaCares') announced a two-year grant that will help expand the Northeast Iowa Food Bank ('NEIFB') Senior Nutrition Program. The $100,000 donation will allow the organization to purchase food that addresses the dietary needs of an older population while also increasing the number of seniors it serves.
Last year, NEIFB distributed 160,437 meals through the Northeast Iowa Area Agency on Aging and mainly at senior center sites. This MolinaCares grant will allow the nonprofit to expand distribution by creating partnerships with hospitals and clinics, many of which are screening patients for food insecurity. With this funding, seniors in need can receive food before leaving the medical facility.
'Every senior deserves access to nutritious food that supports their health and dignity, and we are grateful to Molina Healthcare of Iowa and The MolinaCares Accord for this generous gift,' said Barbara Prather, executive director of the Northeast Iowa Food Bank. 'This support will help us reach more older adults with food that meets their dietary needs and create new pathways for care through hospitals and clinics. We know many seniors are facing difficult choices every day, and this investment helps ensure more of them can receive the nourishment they need to live healthier lives.'
Molina's donation will also help improve food quality by offering easy-to-prepare, heart-healthy and low-sodium options that address common senior health concerns. Additionally, NEIFB can expand distribution of its Supplemental Nutrition Assistance Program (SNAP) educational toolkit to empower more medical providers to make referrals to local food support organizations.
'Molina Healthcare of Iowa knows food is medicine, and it's critical that we meet the needs of an aging population by connecting them with the nutrition required to live healthy,' said Jennifer Vermeer, plan president of Molina Healthcare of Iowa. 'This MolinaCares grant gives NEIFB the resources needed to expand partnerships that help remove barriers to food access for seniors.'
About The MolinaCares Accord
Established by Molina Healthcare, Inc. in 2020, The MolinaCares Accord oversees a community investment platform created to improve the health and well-being of disadvantaged populations by funding meaningful, measurable, and innovative programs and solutions that improve health, life, and living in local communities. The MolinaCares Accord funds such measures through The Molina Healthcare Charitable Foundation Inc., a 501(c)(3) established in 2020 by Molina Healthcare, Inc.
About Molina Healthcare of Iowa
Molina Healthcare of Iowa, Inc. provides government-funded, quality health care, serving members through the Medicaid program in Iowa. Through its locally operated health plans, Molina Healthcare, Inc., a Fortune 500 company, provides managed health care services under the Medicaid and Medicare programs, and through state insurance marketplaces. For more information about Molina Healthcare of Iowa, visit MolinaHealthcare.com.
About NEIFB
The Northeast Iowa Food Bank (NEIFB) is a proud member of Feeding America(R) and the Iowa Food Bank Association. NEIFB distributes nutritious food and grocery products to over 140 nonprofit organizations and programs that help families and individuals facing food insecurity. Last year, the Food Bank distributed over 8.4 million meals within its 16-county service area. For 45 years, NEIFB has alleviated hunger and provided nutrition education through its eight programs: Agency Distribution, BackPack, Cedar Valley Food Pantry, Kids Cafe, Mobile Food Pantry, School Market, Senior Nutrition, and Summer Feeding. To learn more, visit neifb.org.
Molina Healthcare, Inc. is a provider of managed healthcare services under the Medicaid and Medicare programs, and through the state insurance marketplaces. The Company operates through four segments: Medicaid, Medicare, Marketplace and Other. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which it offers managed healthcare services. Medicaid provides healthcare and long-term services and support to low-income Americans. Medicare is a federal program that provides eligible persons aged 65 and over, and some disabled persons, with a variety of hospital, medical insurance, and prescription drug benefits. The Marketplace insurance exchanges allow individuals and small groups to purchase federally subsidized health insurance. It arranges healthcare services for its members through contracts with a network of providers, including independent physicians and physician groups, hospitals, ancillary providers, and pharmacies.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.