CNC
NYSE
Health Care
$66.61
USD
-$2.11 (-3.07%)
At close: Jul 15, 2026, 4:00 PM EDT
Market Cap:
$33.75B
Volume:
4.4M
Previous Close
$68.72
Day Range
$63.20 - $67.19
52 Week Range
$25.08 - $69.36
Average Volume (10 Days)
4M
P/E Ratio
0.00
Dividend Yield
—
Centene Corp. is a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. The company is headquartered in St. Louis, Missouri and currently employs 61,100 full-time employees. The company went IPO on 2001-12-13. The company provides access to quality healthcare; programs and a range of health solutions that help families and individuals get well. Its segments include Medicaid, Medicare, Commercial and Other. The Medicaid segment includes the Temporary Assistance for Needy Families (TANF) program, Medicaid Expansion programs, the Aged, Blind or Disabled (ABD) program, the Children's Health Insurance Program (CHIP), Long-Term Services and Supports (LTSS), Foster Care, Medicare-Medicaid Plans (MMP), which cover beneficiaries who are dually eligible for Medicaid and Medicare and other state-based programs. The Medicare segment includes Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans and Medicare Prescription Drug Plans. The Commercial segment includes the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products.
CEO
Ms. Sarah London
Headquaters
St. Louis, MISSOURI, US
Founded
2001
Employees
61,100
The Centers for Medicare & Medicaid Services proposed a 2.4% payment increase for Medicare services in fiscal 2027, including Medicare Advantage plans. Health insurance stocks rose following the announcement, as higher reimbursement rates typically support profit margins for companies operating MA plans.
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The Centers for Medicare & Medicaid Services proposed increased payment rates for Medicare Advantage plans in 2027 and relaxed marketing restrictions, moves that benefit private health insurers like Centene. The administration is also considering policy changes that could automatically enroll seniors in Medicare Advantage plans by default.
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The Centers for Medicare & Medicaid Services proposed increased payment rates for Medicare Advantage plans in 2027 and relaxed marketing rules, delivering wins to private insurers like Centene. The administration is also considering automatic enrollment of seniors into Medicare Advantage plans by default, a policy that could significantly expand private plan enrollment.
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The Centers for Medicare & Medicaid Services proposed a favorable payment rate increase for Medicare Advantage plans in 2027, signaling continued government support for the private insurance program. Health insurance stocks rose following the announcement, as higher reimbursement rates typically improve profitability for companies operating these plans.
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The Centers for Medicare & Medicaid Services proposed a payment rate increase for Medicare Advantage plans in 2027, lifting health insurer stocks. The move comes as the administration considers policy changes that could expand private insurance's role in Medicare, potentially benefiting major insurers.
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