Centene Posts $1.5 Billion in Earnings Despite Losing 2 Million ACA Customers
Despite losing approximately 2 million Affordable Care Act (ACA) members over the past year, Centene Corporation reported a net profit of $1.5 billion for its first quarter ending April 2026. The company's adjusted earnings per share rose to $3.37, exceeding Wall Street expectations due to significant premium increases following the expiration of enhanced ACA subsidies.
Topics: customer attrition health insurance premiums profitability