Centene Announces Expansion for 2021 Health Insurance Marketplace

2020 SEP 18 (NewsRx) -- By a News Reporter-Staff News Editor at CDC & FDA Daily -- Centene Corporation (NYSE: CNC) announced that it plans to expand its offering in the 2021 Health Insurance Marketplace. The company is targeting expansion of its Marketplace product, branded Ambetter, in nearly 400 new counties across 13 existing states. In addition, Ambetter-branded Marketplace products will be offered in two new states, New Mexico and Michigan. This brings the total number of states with Centene’s Marketplace offerings to 22.

“At a time when many Americans are grappling with the health and economic effects of COVID-19, it is critical that we leverage our scale, capabilities and expertise to provide accessible, high-quality healthcare services to our members,” said Michael F. Neidorff, Chairman, President and CEO for Centene. “We know that many Americans are struggling during this crisis, and we are committed to expanding our Ambetter product, offering affordable options for care during this pandemic and beyond.”

In 2020, Centene is the country’s largest provider of health insurance Marketplace plans, serving approximately 2.2 million exchange members. Centene is in the process of seeking all necessary regulatory approvals in targeted states for 2021.

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