Centene Profits Eclipse $1 Billion Thanks To Big Obamacare Enrollment [Forbes]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
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Source: Forbes
In this picture is, Sarah London, chief executive officer of Centene Corp., during the Forbes Healthcare Summit in New York, US, on Tuesday, Dec. 5, 2023. T Photographer: Michael Nagle/Bloomberg Centene reported first quarter profits of $1.1 billion as membership and premium revenue grew thanks to a big increase in Obamacare enrollment, Centene, which sells an array of government subsidized health insurance including individual commercial insurance coverage under the Affordable Care Act known as Obamacare, said total managed care membership held steady at 28.42 million at the end of the first quarter of this year, compared to 28.45 million at the end of the first quarter of 2023. Centene's enrollment in individual coverage under the Affordable Care Act, also known as Obamacare, grew what Centene calls its “commercial marketplace” business to 4.3 million members from 3 million a year-ago. That increase of more than one million health plan members helped overcome a 3 million decre
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CNC
Earnings
- 4/26/24 - Beat
CNC
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- CNC's page on the SEC website