Health insurer expansion
Centene Corporation has announced that it is expanding its offerings in the 2020 Health Insurance Marketplace in 10 US markets.
Health insurance company Centene Corporation has announced that it is expanding its offerings in the 2020 Health Insurance Marketplace in 10 US markets: Arizona, Florida, Georgia, Kansas, North Carolina, Ohio, South Carolina, Tennessee, Texas, and Washington.
"Centene takes pride in being the country's largest provider of health insurance marketplace plans," said Michael F Neidorff, Chairman, President and CEO of Centene. "The need for affordable, high-quality healthcare has never been more urgent, and we will continue to demonstrate disciplined execution, agility and capacity to successfully navigate industry changes to the benefit of our members, customers and shareholders."
Centene is acquiring Tampa’s WellCare Health Plans and announced in July that it is ahead of schedule in seeking insurance approval in more than 24 states (the acquisition is expected to close in the first half of 2020). Neidorff said that the company has started the process for seeking all necessary approvals in targeted states for 2020.