News Briefs

The Biden administration will send $452 million in ARPA funding “to support 13 states’ efforts to improve access to affordable, comprehensive health insurance coverage through section 1332 state-based reinsurance waivers,” per CMS. According to a CMS press release, the pass-through funding is intended to spur “stronger issuer participation in the individual market” in order to possibly “increase competition and translate to consumers having more opportunities to obtain affordable health insurance coverage.”

Centene Corp. promoted Sarah London to the post of vice chairman on its Board of Directors — a move that places London in the position to replace CEO Michael Neidorff, according to analysts. London’s previous role was president of Centene’s Health Care Enterprises division and executive vice president of Advanced Technology, per a Sept. 7 press release. “We view today’s announcement as perhaps the strongest signal yet of succession with Sarah London seemingly positioned to take the CEO spot when the time comes,” wrote Citi analyst Ralph Giacobbe on Sept. 7.

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