Centene Sees Higher-Than-Expected Usage In Exchange Plans For Q2

Centene officials told investors they are seeing higher-than-expected utilization in marketplace plans, largely driven by the pent-up demand the company believes will settle out sometime in 2021, but the Delta variant has created additional uncertainty. The nation’s largest exchange insurer also expressed concern over the administration’s recent proposal to create a monthly enrollment period for Americans earning below 150% of poverty. CEO Michael Neidorff and other officials made the comments during their second quarter investors call, on Tuesday (July 26)...