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0.00112612612612609 -0.000173250173250262 -8.66250866251309E-05 -0.00294525294525297 -0.00485100485100487 -0.00710325710325717 -0.0138600138600139 -0.0181912681912683
Stock impact report

Insurers closed out 2024 on shaky footing [Yahoo! Finance]

Centene Corporation (CNC) 
Last centene corporation earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: centene.com/investors.html
Company Research Source: Yahoo! Finance
Health insurers wrapped up 2024 in rough shape, recording falling profits from insurance businesses and releasing guidance suggesting that medical costs could continue climbing this year. In the fourth quarter, payers continued to slog through elevated medical spending in Medicare and Medicaid. Higher costs popped up in once-safe commercially insured populations, too, suggesting American workers are sicker than before. All told, major publicly traded insurers' medical loss ratios, key metrics of spending on patient care, rose an average of 2.8 percentage points from the fourth quarter of 2023 to the fourth quarter of 2024. That's a massive change. Investors keep close tabs on changes to MLR, as variations of even one-tenth of a percentage point can translate to significant changes in the profits companies rake in from offering insurance. The share of premiums spent on medical claims soared over the past year Publicly-traded insurers' medical loss ratios, Q4 2023 (left) to Q Show less Read more
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