News Summary

• Centene Corp. has grown to be the largest Medicaid managed care provider in the country.
• It’s the largest carrier in the Affordable Care Act marketplace.
• The federal government is tightening Medicaid eligibility and cutting subsidies for marketplace health insurance plans.
• The “One Big Beautiful Bill Act,” which President Donald Trump signed into law on July 4, is expected to have a major, largely negative, impact on Centene and other health care providers.
• The enhanced premium tax credits that have been used to significantly reduce costs on ACA marketplace exchanges are set to expire at the end of the year.