ACA Marketplace Business Is Bright Spot in 2Q for Centene, Molina

  • Aug 04, 2023

    Although the topic of Medicaid eligibility redeterminations loomed large over the second-quarter earnings calls held by Centene Corp. and Molina Healthcare, Inc., the companies’ Affordable Care Act marketplace business lines offered a positive — albeit partial — counterweight to concerns about member attrition. 

    Centene “delivered another strong quarter of marketplace growth,” with membership growing 62% year over year and “running ahead of our and management’s expectations,” Truist Securities analyst David MacDonald advised investors.  

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  • Leslie Small

    Leslie has been working in journalism since 2009 and reporting on the health care industry since 2014. She has covered the many ups and downs of the Affordable Care Act exchanges, the failed health insurer mega-mergers, and hundreds of other storylines spanning subjects such as Medicaid managed care, Medicare Advantage, employer-sponsored insurance, and prescription drug coverage. As the managing editor of Health Plan Weekly and Radar on Drug Benefits, she writes and edits for both publications while overseeing a small team of reporters who also focus on the managed care sector. Before joining AIS Health, she was a senior editor for the e-newsletter Fierce Health Payer, and she started her career as a copy editor at multiple local newspapers. She graduated with a dual degree in journalism and political science from Penn State University.

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