Obamacare Leads Centene To $1.3 Billion Profit And A Revenue Boost [Forbes]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
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Source: Forbes
Centene's enrollment in individual coverage under the Affordable Care Act, also known as Obamacare, grew what Centene calls its “commercial marketplace” business to 5.6 million members from 4.3 a year-ago. That increase of more than two million health plan members helped overcome a decrease of more than 330,000 enrollees in Centene's Medicaid coverage for poor Americans. The big jump in enrollees triggered Centene to increase its 2025 premium and service revenues guidance range by $6 billion to a range of $164.billion to $166 billion. Much of that increase, or $5 billion, is additional “marketplace premium revenue due to outperformance in enrollment throughout the first quarter,” Centene, which sells an array of government subsidized health benefits, said. Meanwhile, Centene said “outperformance in the Medicare Advantage annual enrollment period” will add $1 billion of additional premium revenue. In the first quarter of this year, Centene's net income rose to $1.3 billion, or $2.
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News
- Prior authorization may stand between you and your health care but you can push back against insurance denials [Yahoo! Finance]Yahoo! Finance
- 3 Mid-Cap Stocks with Warning Signs [Yahoo! Finance]Yahoo! Finance
- CENTENE ALERT: Bragar Eagel & Squire, P.C. is Investigating Centene Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Reassessing Centene (CNC): Is the Recent 21% Rebound Enough to Close Its Valuation Gap? [Yahoo! Finance]Yahoo! Finance
- Is Centene a Mispriced Opportunity After Sharp Share Price Slide and Strategy Shift? [Yahoo! Finance]Yahoo! Finance
CNC
Earnings
- 10/29/25 - Beat
CNC
Sec Filings
- 12/5/25 - Form 4
- 12/4/25 - Form 144
- 12/3/25 - Form 144
- CNC's page on the SEC website