Tag: Centene

Health Insurers Set to Expand Offerings Under the ACA

Heart and a stethoscope with heartbeat (pulse) symbol in Light blue background

Insurers are expanding their Affordable Care Act plan offerings for next year, with the once-troubled business now generating profits, even as the overall individual-insurance market has shrunk. Oscar Insurance Corp. is the latest to announce its expected growth for 2020, adding six new states, including Pennsylvania and Georgia, to its current roster of nine. Insurers… Continue reading Health Insurers Set to Expand Offerings Under the ACA

Health Insurer Centene to Buy WellCare for Around $15.3 Billion

2023 insurance M&As lowest in a decade

Health insurer Centene Corp. agreed to buy competitor WellCare Health Plans Inc. for around $15.3 billion, creating a giant in the business of managing government health programs. The move comes a day after the Trump administration renewed talk of striking down the Affordable Care Act. Centene is the largest provider of plans through the Affordable… Continue reading Health Insurer Centene to Buy WellCare for Around $15.3 Billion