Becker's Healthcare December 13, 2023
Centene CEO Sarah London foresees major disruption opportunities ahead in the employer group insurance market by way of individual marketplace coverage.
At a Centene investor conference Dec. 12, Ms. London detailed the company’s long-term strategies for the managed Medicaid, Medicare Advantage and ACA markets. Through dynamics such as Medicaid redeterminations, an increasing population of gig economy workers and trends in the small group insurance market, she predicted positive momentum in the ACA market moving forward.
“Over the long-term, we believe that consumers’ desire for individual choice, customized products and flexibility, in addition to employers’ desire for budget predictability, will drive increasing momentum into the individual market,” Ms. London said. “Put simply, it means that 45% of the health insurance market...