Health insurer Centene announced plans Tuesday to expand into more Affordable Care Act insurance exchanges for next year, at a time when competitors are either pulling back from those markets or proposing steep price hikes to remain.
Centene Corp. on Tuesday reported strong revenue in the first quarter as it continues to be an outlier among big insurers by committing to stick with the Affordable Care Act insurance exchanges.
Many big health insurers are fretting over losses and questioning their future involvement in the Affordable Care Act insurance exchanges, but Centene Corp. is profiting from its marketplace plans and the Medicaid expansion.
While Medicare Advantage plans added nearly 900,000 members in 2016, enrollment is growing at a slower pace. Still, experts say the future of Medicare Advantage will be lucrative for insurers.
Tenet Healthcare Corp. has locked up new multiyear contracts with insurance giants UnitedHealthcare and Centene Corp., cementing pricing for the hospital system and uninterrupted service for the insurer's members.
Major changes in the exchange-based individual market will spill over to Americans with practically any type of health coverage—Medicare, Medicaid or employer-based plans.
Centene Corp. and Kentucky are ending their long-standing legal spat over the insurer's early termination of its Medicaid managed-care contract.
Wildly different experiences with the ACA marketplaces have played out across 34 not-for-profit and mutual Blue Cross and Blue Shield brands, according to a Modern Healthcare analysis of financial filings.
The Pennsylvania Department of Human Services awarded a massive Medicaid bid last week to AmeriHealth Caritas, Centene Corp. and UPMC after delaying the decision for several months.
The Pennsylvania Department of Human Services awarded a massive Medicaid bid Tuesday to AmeriHealth Caritas, Centene Corp. and UPMC after delaying the decision for several months.
Industry and regulatory fixes to the ACA marketplaces appear inevitable as impatience and insurer losses escalate.
Even if the feds bury Anthem's acquisition of Cigna and Aetna's Humana deal, the big five health insurers are likely to forge new transactions to scale up and improve their position at the bargaining table with consolidating hospitals and systems.