Centene To Offer ACA Plans On The Missouri Exchange In 2018

Centene Corp. said Friday it will offer health insurance plans under the Affordable Care Act on the Missouri exchange in 2018. The company, which is headquartered in Missouri, said it will offer plans called Ambetter in 40 counties in the state that are not expected to have coverage by any other health insurer. "We strive to be a responsible partner with the state and are committed to working closely with regulators and policymakers to collaborate on actions that stabilize the market and offer affordable coverage options," Chief Executive Michael Neidorff said in a statement. Shares were not yet active in premarket trade, but have gained 41% in 2017, while the S&P 500 has gained 8%.