Healthcare DIVE December 13, 2024
Centene executives warned Republicans about the political ramifications of cutting federal healthcare programs during the insurer’s investor day.
Despite forecasts that the Trump administration will slash spending on Medicaid and the Affordable Care Act, the next four years probably won’t be that bad, Centene reassured investors on Thursday during its annual investor day.
Still, executives spent much of the conference lobbying Republicans to preserve the federal healthcare programs, which account for the lion’s share of Centene’s profits.
As the largest marketplace carrier in the U.S. and the biggest Medicaid managed care organization in the country, Centene has outsized exposure to changes in federal insurance programs.
The triumph of President-elect Donald Trump, who has been vocal about his desire to slash...
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