It is a 5-year contract with two, one-year renewal options estimated at around $4 to 5 billion, depending on contract length. In September 2022, Centene Corporation’s subsidiary, Nebraska Total Care, was one of the selected companies to land the Nebraska state government’s $5 billion multiyear statewide Medicaid managed care contacts. Nebraska Total Care’s Medicaid Contract, ~$5 Billion The program covers 420,000 people eligible for Medicare and Medicaid who are 65 and older, and younger people with disabilities. The contracts are for the state’s new Community HealthChoices, a Medicaid program covering managed long-term services and supports. In August 2016, the Pennsylvania Department of Human Services selected Centene Corporation as one of the awardees of the Medicaid contract worth $7 billion. Centene Wins Pennsylvania Department of Human Services’ Medicaid Contract, $7 Billion Both companies served different regions–Centene was assigned to the TRICARE West region, while Humana served in the TRICARE East region. The five-year contract is worth $58 billion, where Humana received $40.5 billion by Humana, and Centene’s Health Net subsidiary received $17.7 billion. In July 2016, the Department of Defense reselected its insurance vendors in the TRICARE program providing healthcare coverage for military members and their families in the United States. Department of Defense’s Multi-Year Military Contracts, $17.7 Billion The population is divided into 13 service areas, with insurers competing for offer plans in these regions. The contract includes providing care for the city’s aged, disabled, and blind population, known as ABD. In November 2019, Centene was one of the selected winners of the Texas Medicaid contract worth $10 billion. Centene Selected as One of the Big Winners of Texas Medicaid Contracts, $10 Billion
Here’s a look at some of the most notable Centene Corporation government contracts. A large share of the company’s revenues come from the federal government, receiving most of its profits from contracts with state Medicaid managed care programs. What Are the Top Centene Corporation Government Contracts?Ĭentene Corporation, a leading healthcare enterprise, provides health and long-term care insurance, Medicare and Medicaid Advantage plans, managed care solutions, and government healthcare programs across America and Europe.
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