Obamacare's Slow Death Is Debilitating Centene Stock [Yahoo! Finance]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
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US:NYSE Investor Relations:
centene.com/investors.html
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Source: Yahoo! Finance
The controversial Affordable Care Act (ACA), commonly known as Obamacare, was enacted in 2010 with grand promises of lowering health insurance premiums while expanding coverage to millions of Americans. Although it succeeded in providing insurance to many who previously lacked it, the pledge of reduced premiums proved short-lived. Instead, most enrollees witnessed significant premium surges (although at a slower rate than employee-based premiums). To bolster the program, President Biden's American Rescue Plan Act of 2021 and Inflation Reduction Act of 2022 introduced and extended enhanced premium tax credits. However, these subsidies are now expiring, causing premiums to skyrocket once again. As a result, millions of enrollees are abandoning the exchanges, severely impacting Centene (CNC), the nation's largest provider of Obamacare policies. More News from Barchart 2 Ways to Profit from a Fading Tesla Stock Price Cathie Wood Bets $19 Million on 5 Beaten-Down Stocks Dear Okl
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News
- Centene Confronts ACA Membership Slide And Tests AI Driven Cost Controls [Yahoo! Finance]Yahoo! Finance
- Centene: Don't Buy The Dip [Seeking Alpha]Seeking Alpha
- US insurers and hospitals turn to new AI for age-old battle over charges vs payments [Yahoo! Finance]Yahoo! Finance
- Is Centene Stock Underperforming the Nasdaq? [Yahoo! Finance]Yahoo! Finance
- Centene (CNC) was given a new $41.00 price target by Mizuho.MarketBeat
CNC
Earnings
- 2/6/26 - Beat
CNC
Sec Filings
- 3/10/26 - Form 8-K
- 2/23/26 - Form 8-K
- 2/17/26 - Form 10-K
- CNC's page on the SEC website