Premium Revenue

Service Revenue

Investment Income

Total Revenue

Medical Care Costs

Medical Care Ratio

Service Costs

Service Revenue Ratio

G&A Expense

G&A Ratio

Premium Tax Expense

Depreciation

Amortization

Interest Expense

Income Before Tax

Net Income

Diluted EPS

Weighted Average Diluted Shares Outstanding

EBITDA

Effective Tax Rate

uncertainty regarding the effect of our Washington health plan’s being named an “apparently successful bidder” by the Health Care Authority of Washington in that state’s recent managed care procurement;

significant budget pressures on state governments which cause them to lower rates unexpectedly or to rescind expected rate increases, or their failure to maintain existing benefit packages or membership eligibility thresholds or criteria;

uncertainties regarding the impact of the Patient Protection and Affordable Care Act, including its possible repeal, judicial overturning of the individual insurance mandate or Medicaid expansion, the effect of various implementing regulations, and uncertainties regarding the impact of other federal or state health care and insurance reform measures;

management of our medical costs, including costs associated with unexpectedly severe or widespread illnesses such as influenza, and rates of utilization that are consistent with our expectations;

the success of our efforts to retain existing government contracts and to obtain new government contracts in connection with state requests for proposals (RFPs) in both existing and new states, and our ability to grow our revenues consistent with our expectations;

the accurate estimation of incurred but not reported medical costs across our health plans;

risks associated with the continued growth in new Medicaid and Medicare enrollees, and in dual eligible members;

retroactive adjustments to premium revenue or accounting estimates which require adjustment based upon subsequent developments;

the continuation and renewal of the government contracts of both our health plans and Molina Medicaid Solutions and the terms under which such contracts are renewed;

the timing of receipt and recognition of revenue and the amortization of expense under the state contracts of Molina Medicaid Solutions in Maine and Idaho;

government audits and reviews;

changes with respect to our provider contracts and the loss of providers;

the establishment, interpretation, and implementation of a federal or state medical cost expenditure floor as a percentage of the premiums we receive, administrative cost and profit ceilings, and profit sharing arrangements;

the interpretation and implementation of at-risk premium rules regarding the achievement of certain quality measures;

the successful integration of our acquisitions;

approval by state regulators of dividends and distributions by our health plan subsidiaries;

changes in funding under our contracts as a result of regulatory changes, programmatic adjustments, or other reforms;

high dollar claims related to catastrophic illness;

the favorable resolution of litigation, arbitration, or administrative proceedings, and the costs associated therewith;

restrictions and covenants in our credit facility;

the availability of financing to fund and capitalize our acquisitions and start-up activities and to meet our liquidity needs, and the costs and fees associated therewith;

a state’s failure to renew its federal Medicaid waiver;

an inadvertent unauthorized disclosure of protected health information by us or our business associates;

changes generally affecting the managed care or Medicaid management information systems industries;

increases in government surcharges, taxes, and assessments;

changes in general economic conditions, including unemployment rates;