Centene May Sell Individual Major Medical in More States

(Related: Centene Completes Acquisition of New York State Plan)

Counihan has close personal relationships with the public exchange system managers: He used to run the state-based ACA exchange in Connecticut, and he later ran the Center for Consumer Information and Insurance Oversight, the arm of the Centers for Medicare and Medicaid Services that runs ACA programs.

Centene held the analyst call to go over its second-quarter earnings.

• The St. Louis-based insurer is reporting $299 million in net income for the quarter on $14 billion in revenue, up from $252 million in net income on $12 billion in revenue for the second quarter of 2017.
• The company ended the quarter providing or administering health coverage for 12.8 million people, up from 12.2 million people a year earlier.
• The number of people with Centene exchange plan coverage increased to 1.5 million, from 1.1 million people a year earlier.

— Read Molina and Centene Announcements May Boost ACA Exchange System,, on ThinkAdvisor.

— Connect with ThinkAdvisor Life/Health on Facebook and Twitter.