Molina Lowers Earnings Guidance; Centene Posts 2Q Miss

Jul 25
Jul 25, 2025

Molina Healthcare, Inc. on July 23 became the latest insurer to lower its earnings guidance for the year, attributing the change primarily to challenges in the Affordable Care Act exchange segment. Centene Corp. withdrew its guidance this month, while Oscar Health, Inc. and Elevance Health, Inc. each lowered their guidance, citing a worsening exchange market.

Centene, meanwhile, on July 25 posted a second-quarter net loss of $0.16 per share, compared with earnings per share (EPS) of $2.42 in the second quarter of last year. That earnings figure was also below the $0.09 EPS Wall Street consensus estimate. The company had a 93.0% medical loss ratio (MLR) in the second quarter, above (worse than) the 92.3% consensus and up from 87.6% in last year’s second quarter.
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Tim Casey

Tim has been a reporter and editor for newspapers, websites and magazines for more than 20 years, including 10 years covering health care business topics. He has a deep knowledge of the managed care industry and pharmacy benefit management. He also has experience covering medical conferences and clinical and legislative health care issues. In 2014, the Society for Advancing Business Editing and Writing selected Tim as one of 15 journalists to participate in a national symposium on the Affordable Care Act. Tim has a B.A. in Psychology from the University of Notre Dame and an M.B.A. from Georgetown University.