Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

CNC - Centene Corporation ()

Overview

Company Summary


Centene Corporation is a multi-national healthcare company that primarily specializes in managed healthcare services. The company's core objective is to provide high-quality and accessible healthcare to individuals and families through Medicaid, Medicare, and commercial insurance plans.

Centene serves as a middleman between healthcare providers and patients, offering a wide range of healthcare services to its members. The company operates health plans, known as Managed Care Organizations (MCOs), that contract with state governments to serve individuals eligible for Medicaid, the government healthcare program for low-income individuals and families.

In addition to Medicaid, Centene also offers Medicare Advantage plans, which are Medicare health insurance programs offered by private companies. These plans provide benefits beyond what traditional Medicare offers, such as vision, dental, and prescription drug coverage.

Centene Corporation also owns and operates Health Insurance Marketplace plans, providing coverage through the Affordable Care Act (ACA) exchanges. These plans cater to individuals and families who do not have access to employer-sponsored health insurance or qualify for other government programs.

To ensure comprehensive care, Centene focuses on coordinating services and collaborating with healthcare providers to improve health outcomes and reduce costs. The company employs a network of healthcare professionals, including physicians, specialists, and hospitals, who contract to provide services to its members.

Furthermore, Centene engages in various initiatives and programs to address and manage chronic diseases, as well as to promote preventive healthcare. This includes offering wellness programs, health education, and access to services aligned with the specific needs of different populations and communities.

Overall, Centene Corporation's mission revolves around delivering affordable, high-quality, and accessible healthcare options to its members, primarily focusing on those who are eligible for government-subsidized programs such as Medicaid and Medicare.

Notes (see all)

News