Centene’s Obamacare Enrollment Drops By 2 Million After Congress Strips Subsidies
Centene has reported a significant drop in enrollment for its Obamacare plans, losing 2 million enrollees in the first quarter. This decline follows Congress's decision not to renew enhanced subsidies that made health insurance more affordable. Despite the enrollment drop, Centene's net income increased to over $1.5 billion during the same period.
- ▪Centene's enrollment in marketplace plans fell to 3.58 million from 5.54 million at the end of the previous year.
- ▪The drop in enrollment is attributed to the failure of Congress to extend enhanced tax credits for Obamacare buyers.
- ▪Centene reported a net income of $1.5 billion, up from $1.3 billion in the same quarter last year.
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InnovationHealthcareCentene’s Obamacare Enrollment Drops By 2 Million After Congress Strips SubsidiesByBruce Japsen,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Bruce Japsen writes about healthcare business and policy.Follow AuthorApr 28, 2026, 07:40am EDTApr 28, 2026, 10:57am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Centene headquarters in the St. Louis suburb of Clayton, Mo.CenteneHealth insurer Centene reported first quarter net income of more than $1.5 billion despite a drop of 2 million enrollees in individual coverage under the Affordable Care Act also known as Obamacare.
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