UnitedHealth pledges to return ACA profits to customers [Yahoo! Finance]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
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Source: Yahoo! Finance
UnitedHeath, the largest health insurer in the U.S., plans to return profits made in the Affordable Care Act exchanges this year back to its customers. The news, buried in written testimony CEO Stephen Hemsley plans to make in front of Congress tomorrow, comes as legislators in Washington consider policies to make healthcare more affordable — some of which could eat into the profits enjoyed by private health insurance companies. “Though UnitedHealthcare is a relatively small participant in the individual ACA market, we will voluntarily eliminate and rebate our profits this year for these coverages, as Congress continues to work toward more long-term solutions,” Hemsley wrote in prepared testimony he will make at a House Energy and Commerce subcommittee hearing on Thursday. It's difficult to forecast how the pledge will affect UnitedHealth's earnings. The company does not break out results for its ACA business specifically. But in 2026, the company expects to report “low single
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CNC
Earnings
- 10/29/25 - Beat
CNC
Sec Filings
- 1/28/26 - Form 4
- 1/28/26 - Form 4
- 1/28/26 - Form 4
- CNC's page on the SEC website