Becker's Healthcare July 26, 2024
Centene will exit a handful of state Medicare Advantage markets in 2025, CEO Sarah London said.
On a July 26 investor call, Ms. London said the exits are designed to align with the company’s longer-term strategy.
“We think the team has done a really good job in terms of thoughtfully designing bids consistent with our long-term strategy, even in a challenging rate year. [We’re] being thoughtful about how to streamline that book in further alignment with our Medicaid footprint, because that’s where the puck is going,” she said.
Centene is focused on MA plans for beneficiaries eligible for Medicaid and Medicare, Ms. London said.
Other payers have said they plan to exit Medicare Advantage markets in...
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