ACA Marketplace Business Is Bright Spot in 2Q for Centene, Molina
August
4
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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