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 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.
Ambetter from Absolute Total Care, a Centene (NYSE: CNC) product, will offer affordable health insurance plans to South Carolina residents for the 2025 plan year. The open enrollment period runs from Nov. 1, 2024, to Jan. 15, 2025. Key features include:
1. Coverage for essential health benefits
2. Online enrollment assistance
3. My Health Pays® program with up to $500 in rewards
4. Premier Network (formerly Bronze|Silver|Gold network)
5. New Ambetter Health Solutions product for ICHRA
The company aims to provide quality care, convenient services, and valuable rewards to build a healthier South Carolina. Interested residents can visit ambetter.absolutetotalcare.com for more information and enrollment.
Ambetter of North Carolina Inc., a Centene (NYSE: CNC) product, is expanding its health insurance offering to 63 counties in North Carolina for plan year 2025. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025. Key features of Ambetter's 2025 plans include:
- Virtual 24/7 Care
- Comprehensive coverage for essential health benefits
- Convenient online enrollment
- My Health Pays® rewards program
- Specific plan design changes for members with diabetes
- Premier Network (formerly Bronze|Silver|Gold network)
Ambetter also announced an expanded partnership with the YMCA, offering gym memberships and YMCA360 online classes for members starting October 2024. The expansion aims to provide more North Carolina residents with affordable, accessible health coverage.
Ambetter of Illinois, a Centene product, will offer affordable health insurance plans for Illinois residents in 25 counties for plan year 2025. Open Enrollment runs from Nov. 1, 2024, through Jan. 15, 2025. Key benefits include:
- Coverage of all essential health benefits
- Virtual 24/7 Care
- Convenient online enrollment
- My Health Pays rewards program
- 20% discount on Walgreens-branded health products
- Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)
Ambetter of Illinois aims to provide quality, affordable coverage to help people live healthier lives, especially those who may have lost Medicaid coverage. The expansion demonstrates Centene's commitment to serving under-insured and uninsured populations through the federal Health Insurance Marketplace.
Ambetter Health, a Centene product, will offer health insurance plans to residents in all 92 Indiana counties for plan year 2025. Open enrollment runs from Nov. 1, 2024, through Jan. 15, 2025. The 2025 benefits include:
- Coverage of all essential health benefits
- Virtual 24/7 Care
- Convenient online enrollment
- My Health Pays rewards program
- New Ambetter Health Solutions product for ICHRA
- Premier Network (formerly Bronze|Silver|Gold network)
Ambetter Health aims to provide comprehensive, quality care to under-insured and uninsured populations in Indiana through the federal Health Insurance Marketplace.
Ambetter from NH Healthy Families, a product offered by a Centene (NYSE:CNC) company, has announced it will provide statewide health insurance coverage in New Hampshire 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.
The 2025 benefits include affordable and reliable coverage for essential health benefits, virtual 24/7 care, convenient online enrollment, the My Health Pays rewards program, and access to the Premier Network (formerly known as Ambetter Health Bronze|Silver|Gold network). Members can earn up to $500 in rewards through the My Health Pays program for practicing healthy habits.
Ambetter Health, a product offered by a Centene (NYSE: CNC) company, is expanding its health insurance offering to 33 counties in Iowa 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.
Ambetter Health provides affordable and reliable coverage for all essential health benefits, including preventive care, maternity services, and prescription drug coverage. Key features include:
- Virtual 24/7 Care for remote access to licensed providers
- Convenient online enrollment through the Ambetter Health website
- Some plans offering dental and vision coverage
The expansion aims to provide Iowans with affordable health insurance options and contribute to building a healthier state.
Ambetter from Buckeye Health Plan, a product offered by a Centene (NYSE: CNC) company, is expanding its health insurance offering to 72 counties across Ohio for plan year 2025. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025. Ambetter offers affordable plans with essential health benefits, including preventive care, maternity services, and prescription drug coverage.
Key features include Virtual 24/7 Care, convenient online enrollment, and the My Health Pays program, allowing members to earn up to $500 in rewards for healthy behaviors. Ambetter is also introducing Ambetter Health Solutions, a new product designed for individuals purchasing coverage through an Individual Coverage Health Reimbursement Arrangement (ICHRA). The existing network will be renamed the Premier Network starting Jan. 1, 2025.
Ambetter from Nebraska Total Care, a product offered by a Centene (NYSE: CNC) company, will provide statewide health insurance coverage in Nebraska for 2025. 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, 2024.
The insurance plans offer comprehensive benefits including essential health services, preventive care, and prescription drug coverage. Key features include:
- Virtual 24/7 Care for remote medical consultations
- Convenient online enrollment process
- My Health Pays program offering up to $500 in rewards for healthy activities
- Premier Network (formerly Ambetter Health Bronze|Silver|Gold network) providing access to trusted healthcare providers
Ambetter aims to provide affordable, quality healthcare options to under-insured and uninsured populations through the federal Health Insurance Marketplace®.
Ambetter from Health Net, a Centene (NYSE: CNC) product, will offer affordable health insurance plans in 10 California counties for the 2025 plan year. The open enrollment period runs from Nov. 1, 2024, to Jan. 31, 2025, with coverage starting Jan. 1 or Feb. 1, 2025, depending on enrollment date.
Key offerings include:
- Comprehensive coverage of essential health benefits
- Virtual 24/7 Care for telehealth services
- Convenient online enrollment process
- My Health Pays® rewards program
Ambetter from Health Net will be available in Imperial, Kern, Los Angeles, Orange, Placer, Riverside, Sacramento, San Bernardino, San Diego, and Yolo counties, with partial coverage in some areas.
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