Centene Corp
CNC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| H?@ | LOCK|Km% | LOCK|<ts@t!b |
Centene: Medicaid and Individual Exchange Spending Cuts Add Uncertainty to Profit Prospects
The House passed the Senate's version of the budget reconciliation bill, which includes expected Medicaid spending reductions that that could cut 12 million people from Medicaid (low income) membership by 2034, according to Congressional Budget Office estimates.
