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-0.00116414435389993 -0.00372784891993278 0.001681541844522 0.00219893933514425 0.00840770922261034 0.0027163368257665 -0.0131936360108653 -0.0261285732764196
Stock impact report

Centene shares fall as health insurer sees steeper drop in Obamacare memberships [Yahoo! Finance]

Centene Corporation (CNC) 
Last centene corporation earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: centene.com/investors.html
Company Research Source: Yahoo! Finance
seeing lower number ?of members in some Affordable Care Act plans, also known as Obamacare. The ?ACA marketplace uses metal levels to categorize plans. There are four plan levels available - Bronze, Silver, Gold ?and Platinum. Each metal level offers the same essential health benefits but differs in the percentage of costs the insurer pays compared with the individual's payment. The metal tier mix is still consistent with what was shared in early February, CEO Sarah London said ?at the Barclays Healthcare Conference, ?noting the company expects mid-30% of membership in bronze, high-teens percentage in gold and just under 50% of members in silver, ?which is lower than it has been in the past years. Bronze health plans offer the lowest monthly premiums but the highest out-of-pocket costs, while Silver members pay higher premiums but ?lower ?out-of-pocket expenses, covering about 70% of costs. The company ?said it always anticipated to ?land toward the high-end or slightly above Show less Read more
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