Centene Reported Q3 Health Benefits Ratio Of 89.2%, Total Membership Reached 28.64M
Portfolio Pulse from Benzinga Newsdesk
Centene reported a Q3 health benefits ratio of 89.2% and a total membership of 28.64 million. Membership increased by 22% in Marketplace and 49% in Medicare Prescription Drug Plans compared to Q3 2023.
October 25, 2024 | 10:03 am
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Centene's Q3 results show a strong health benefits ratio of 89.2% and significant membership growth, indicating robust performance in its Marketplace and Medicare Prescription Drug Plans.
The reported health benefits ratio and membership growth in key areas like Marketplace and Medicare Prescription Drug Plans suggest strong operational performance, likely boosting investor confidence and positively impacting CNC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100