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

On February 16, 2022, Molina Healthcare, Inc. (the "Company") entered into an amendment of employment agreement with Joseph M. Zubretsky, 65, the Company's President and Chief Executive Officer (the "amendment"). The amendment changes the amended and restated employment agreement entered into by the Company and Mr. Zubretsky as of September 8, 2021 (the "existing agreement") previously reported and described in the Company's Form 8-K current report filed on September 9, 2021.

The amendment continues Mr. Zubretsky's employment as President and Chief Executive Officer of the Company under the same general terms and conditions as was the case under the existing agreement, but amends the existing agreement to increase Mr. Zubretsky's target bonus from 150% to 200% of his annual base salary in effect for 2022 and future years during the term of his employment, with a maximum payout of 400% of his annual base salary then in effect.

The foregoing description of the amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the amendment. A copy of the amendment is being filed as Exhibit 10.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.



(d)    Exhibits:

Exhibit No.        Description
10.1                 Amendment of Employment Agreement, dated February 16, 2022, by and between
                   Joseph M. Zubretsky and Molina Healthcare, Inc.
104                Cover Page information from Molina Healthcare, Inc.'s Current Report on Form
                   8-K filed on February 16, 2022 formatted in iXBRL (Inline Extensible Business
                   Reporting Language).


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