Investment Thesis
Centene offers managed care plans for Medicaid, Marketplace, Medicare, and specialty populations. Scale, local focus, and value-based partnerships support earnings visibility as membership grows.
- Medicaid Leadership: Largest Medicaid managed care player with presence in 30+ states.
- Marketplace Scale: Ambetter exchange plans lead individual ACA enrollment.
- Margin Recovery: Value Creation Plan targets expense ratio and PBM uplift.