The market expects Centene (CNC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

Health Net is one of only three plans in California to ever earn this Accreditation SACRAMENTO, Calif., Oct. 17, 2024 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and a company of Centene Corporation (NYSE: CNC), announced today that it is the only health plan in the nation to earn the Health Equity Accreditation Plus (HEA+) certification awarded by the National Committee for Quality Assurance (NCQA) across all lines of business. Specifically, this Accr ...

Core Viewpoint - Centene Corporation's Michigan subsidiary, Meridian Health Plan of Michigan, has been selected to provide integrated Medicare and Medicaid services through a new Highly Integrated Dual Eligible Special Needs Plan (HIDE SNP) starting January 1, 2026, replacing the existing Health Link pilot program [1][2]. Group 1: Program Details - The new HIDE SNP will be implemented in collaboration with the Centers for Medicare and Medicaid Services, transitioning from the current Medicare-Medicaid Plan (MMP) to MI Coordinated Health [2]. - Meridian Health Plan aims to enhance its understanding of the healthcare needs of Michigan residents, which will enable better whole-person care and improved health outcomes for dually eligible individuals [3]. Group 2: Membership and Market Position - Meridian currently serves over 540,000 members in Michigan, with approximately 6,000 in MMP and over 13,500 in Medicare Dual Eligible Special Needs [4]. - The Centene unit was awarded a Medicaid contract in April 2024, allowing it to continue offering Medicaid health plans statewide as part of the Comprehensive Health Care Program [5]. Group 3: Financial Implications - Contract wins like the HIDE SNP provide opportunities for health insurers to attract new members and retain existing ones, leading to higher premiums, which significantly contribute to revenue [6]. - As of June 30, 2024, Centene's total membership reached 28.5 million, with premiums increasing by 4.6% year over year in the first half of 2024 [7]. Group 4: Stock Performance - Centene's shares have increased by 1% over the past three months, while the industry has seen a growth of 2.8% [8].

Donation will aid community-based organizations in regions heavily impacted by Hurricanes Helene and Milton ATLANTA, Oct. 15, 2024 /PRNewswire/ -- Peach State Health Plan, a care management organization serving Georgians through diverse health insurance solutions and Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced $100,000 in donations to support hurricane relief efforts in Georgia following Hurricanes Helene and Milton. The contributions will be disbursed to th ...

ST. LOUIS, Oct. 8, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that it will release its 2024 third quarter financial results at approximately 6:00 a.m. ET on Friday, October 25, 2024, and host a conference call at 8:30 a.m. ET to review the results. Investors and other interested parties are invited to listen to the conference call by dialing 1-877-883-0383 in the U.S. and Canada; +1-412-902-6506 from ...

Kansas residents will have access to a variety of affordable plans from Ambetter from Sunflower Health Plan during open enrollment beginning Nov. 1 LENEXA, Kan., Oct. 2, 2024 /PRNewswire/ -- Ambetter from Sunflower Health Plan, a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans to Kansans in 91 counties in plan year 2025 ...

Residents in all 39 Washington counties will have access to a variety of affordable plans from Ambetter from Coordinated Care during open enrollment beginning Nov. 1 TACOMA, Wash., Oct. 2, 2024 /PRNewswire/ -- Ambetter from Coordinated Care, a product offered by a Centene Corporation (NYSE: CNC) company which provides insurance to under-insured and uninsured populations through the Washington State Based Exchange, will offer Washingtonians a variety of affordable health insurance plans in plan year 2025. Op ...

Nevada residents will have access to a variety of affordable plans from Ambetter Health insurance offers during open enrollment beginning Nov. 1 LAS VEGAS and RENO, Nev., Oct. 2, 2024 /PRNewswire/ -- Ambetter from SilverSummit Healthplan, a product offered by a Centene Corporation (NYSE: CNC) company. which provides insurance to under-insured and uninsured populations through the State Based Exchange, will offer a variety of affordable health insurance plans in Nevada for plan year 2025. Open enrollment for ...

New Hampshire residents will have access to a variety of affordable plans from Ambetter from NH Healthy Families during open enrollment beginning Nov. 1 BEDFORD, N.H., Oct. 2, 2024 /PRNewswire/ -- Ambetter from NH Healthy Families, a product offered by a Centene Corporation (NYSE:CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, announced today that it will offer a variety of affordable health insurance plans statewide in New ...

California residents will have access to a variety of affordable plans from Ambetter from Health Net during open enrollment beginning Nov. 1 SACRAMENTO, Calif., Oct. 2, 2024 /PRNewswire/ -- Ambetter from Health Net, a product offered by a Centene Corporation (NYSE: CNC) company which provides insurance to under-insured and uninsured populations through Covered California, the State Based Exchange, will offer Californians a variety of affordable health insurance plans in plan year 2025. Open enrollment for C ...