Welcome to our dedicated page for Centene Corporation news (Ticker: CNC), a resource for investors and traders seeking the latest updates and insights on Centene Corporation stock.
Centene Corporation (NYSE: CNC), a Fortune 500 company, is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government-sponsored healthcare programs. The company focuses on under-insured and uninsured individuals, offering benefits under Medicaid, including the State Children's Health Insurance Program (CHIP), aged, blind or disabled (ABD), foster care, long-term care (LTC), and other state-sponsored/hybrid programs as well as Medicare (special needs plans).
Centene operates local health plans and offers an array of health insurance solutions. It contracts with other healthcare and commercial organizations to deliver specialty services including behavioral health management, care management software, correctional healthcare services, dental benefits management, in-home health services, life and health management, managed vision, pharmacy benefits management, specialty pharmacy, and telehealth services. As of June 2023, Centene served approximately 24 million medical members, with a significant portion enrolled in Medicaid (67%), individual exchanges (14%), and Medicare Advantage (6%) plans.
Recently, Centene has been recognized for its contributions in tackling social issues. For instance, on April 8, 2024, Health Net, a Centene subsidiary, contributed $1.3 million to the Mayor's Fund for Los Angeles' We Are LA program, which aims to prevent evictions and combat homelessness. The program has served over 32,000 individuals and families, helping them avoid eviction and maintain stable housing. Moreover, Centene's financial results for the first quarter of 2024 highlighted the company's robust performance, with medical claims liabilities totaling $18.1 billion and a strategic plan for growth focused on increasing access to affordable, high-quality healthcare.
Furthermore, Centene has entered into significant partnerships to improve healthcare accessibility. For example, in Uvalde, Texas, Centene's subsidiary Superior HealthPlan invested $250,000 to allow students access to virtual healthcare through Hazel Health until the 2028–2029 school year. The company has also initiated the MHS Serves program in Indiana, a $12 million health equity initiative aimed at reducing health disparities.
Centene continues to innovate and expand its healthcare solutions, ensuring that under-insured and uninsured individuals receive comprehensive healthcare services. The company's latest strategic moves and partnerships underscore its commitment to transforming healthcare delivery and improving health outcomes for millions of Americans.
Ambetter Health, a Centene (NYSE: CNC) product, will offer affordable health insurance plans to residents in 63 Florida counties for the 2025 plan year. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025. Ambetter Health provides coverage for all essential health benefits and offers additional features such as:
- Virtual 24/7 Care
- Convenient online enrollment
- My Health Pays rewards program
- Walgreens discounts on health products
- Specific plan design changes for members with diabetes
- Premier Network (formerly Bronze|Silver|Gold network)
The company aims to accommodate different budgets and provide access to services, benefits, and rewards tailored to Floridians' needs.
Ambetter Health, a Centene product, will offer health insurance plans in 149 counties across Georgia for the 2025 plan year. Open enrollment runs from Nov. 1, 2024, to Jan. 15, 2025, with coverage starting Jan. 1, 2025, for those who enroll by Dec. 15.
Key offerings include:
- Affordable coverage for essential health benefits
- Virtual 24/7 Care for remote medical consultations
- My Health Pays® program, allowing members to earn up to $500 in rewards
- New Ambetter Health Solutions product for ICHRA arrangements
- 20% discount on Walgreens-branded health products
- Rebranded Premier Network (formerly Bronze|Silver|Gold network)
Ambetter Health aims to provide accessible, high-quality insurance options to build a healthier Georgia for all residents.
Ambetter from Arizona Complete Health, a product offered by a Centene (NYSE: CNC) company, will provide health insurance plans to nine Arizona counties for the 2025 plan year. The open enrollment period runs from Nov. 1, 2024, to Jan. 15, 2025, with coverage starting Jan. 1, 2025, for those who enroll by Dec. 15.
Key offerings include:
- Comprehensive coverage for essential health benefits
- Virtual 24/7 Care for remote medical consultations
- Convenient online enrollment process
- My Health Pays® program with up to $500 in rewards
- YMCA memberships (in-person and virtual) at no extra cost
- Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)
Ambetter will be available in Cochise, Coconino, Gila, Graham, Greenlee, Maricopa, Pima, Pinal, and Santa Cruz counties.
Ambetter from Louisiana Healthcare Connections, a product offered by a Centene (NYSE: CNC) company, is expanding its health insurance offering to 22 parishes in Louisiana for plan year 2025. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025. The expanded coverage includes:
- Access to quality care, convenient services, and valuable rewards
- Coverage for all essential health benefits
- Virtual 24/7 Care for remote medical consultations
- Convenient online enrollment process
- My Health Pays program, allowing members to earn up to $500 in rewards
- Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)
The expansion aims to provide affordable healthcare solutions to more Louisianans, offering a variety of plans to suit different needs.
Ambetter from Sunflower Health Plan, a product offered by a Centene (NYSE: CNC) company, will provide health insurance plans to 91 Kansas counties in 2025. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025. Key offerings include:
- Coverage for all essential health benefits
- Virtual 24/7 Care for remote medical consultations
- Convenient online enrollment process
- My Health Pays program, allowing members to earn up to $500 in rewards
- Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)
The company aims to provide affordable and reliable coverage to under-insured and uninsured populations through the federal Health Insurance Marketplace®. Residents can enroll by Dec. 15 for coverage starting Jan. 1, 2025.
Ambetter from Coordinated Care, a product offered by a Centene (NYSE: CNC) company, will provide health insurance plans statewide in Washington for 2025. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025, with coverage starting Jan. 1, 2025, for those who enroll by Dec. 15, 2024.
Key offerings include:
- Affordable coverage for essential health benefits
- Virtual 24/7 Care for various illnesses
- Convenient online enrollment process
- My Health Pays program with up to $500 in rewards
- Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)
Ambetter from Coordinated Care will be available in all 39 Washington counties, adding six new counties for the 2025 plan year: Clark, Cowlitz, Island, San Juan, Skagit, and Whatcom.
Ambetter from Fidelis Care, a product offered by a Centene (NYSE: CNC) company, will provide health insurance plans in 56 counties across New York for the 2025 plan year. The open enrollment period runs from Nov. 16, 2024, to Jan. 31, 2025, with coverage starting Jan. 1, 2025, for those who enroll by Dec. 15, 2024.
The plans offer affordable and reliable coverage for essential health benefits, including preventive care, maternity services, and prescription drug coverage. New features for 2025 include expanded benefits for pregnant individuals and people with diabetes. Ambetter from Fidelis Care also provides Virtual 24/7 Care and a convenient online enrollment process through their website.
Ambetter of Oklahoma, a Centene product, has announced an 8% reduction in plan premiums for 2025, offering more affordable health insurance coverage to residents in 36 Oklahoma counties. The open enrollment period for the Health Insurance Marketplace runs from Nov. 1, 2024, to Jan. 15, 2025, with coverage starting Jan. 1, 2025, for those who enroll by Dec. 15, 2024.
Key offerings for 2025 include:
- Comprehensive coverage of essential health benefits
- Virtual 24/7 Care for telehealth services
- Convenient online enrollment process
- My Health Pays program with up to $500 in rewards
- Expanded Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)
The company aims to improve member experiences by expanding its provider network and reducing insurance costs, making comprehensive coverage more accessible to Oklahomans.
Ambetter from SilverSummit Healthplan, a Centene (NYSE: CNC) product, will offer affordable health insurance plans statewide in Nevada for 2025. Open enrollment runs from Nov. 1, 2024, through Jan. 15, 2025. As the only health plan offered in all 17 Nevada counties since 2017, Ambetter provides a large provider network for primary care and specialists.
Key benefits for 2025 include:
- Coverage of all essential health benefits
- Virtual 24/7 Care for telehealth services
- Convenient online enrollment
- My Health Pays program, offering up to $500 in rewards
- Premier Network (formerly Bronze|Silver|Gold network)
Interested residents can visit Ambetter.SilverSummitHealthplan.com for more information or to enroll during the open enrollment period.
Ambetter from Magnolia Health, a Centene product, will offer affordable health insurance plans statewide in Mississippi for the 2025 plan year. Open enrollment runs from Nov. 1, 2024, through Jan. 15, 2025, with coverage starting Jan. 1, 2025, for those who enroll by Dec. 15.
Key benefits for 2025 include:
- Virtual 24/7 Care
- Coverage for essential health benefits
- Convenient online enrollment
- My Health Pays rewards program
- 20% discount on Walgreens-branded products
- New Ambetter Health Solutions product for ICHRA
- Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)
Ambetter aims to provide affordable options for all budgets and lifestyles, ensuring health protection for Mississippi residents.
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