Health insurer Centene forecasts 2025 profit above expectations
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Centene, a U.S. health insurer, has forecasted a better-than-expected profit for 2025, driven by strong performance in its commercial plans, which is expected to offset higher costs in its government-backed health plans.
December 12, 2024 | 11:30 am
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Centene has forecasted a better-than-expected profit for 2025, driven by strong performance in its commercial plans, which is expected to offset higher costs in its government-backed health plans.
Centene's forecast of better-than-expected profits for 2025 is likely to positively impact its stock price in the short term. The company's ability to leverage strong commercial plans to counterbalance higher costs in government-backed plans suggests effective management and potential for growth, which investors may view favorably.
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