Executives from Centene Corp. told Wall Street securities analysts today that they expect their high-performing Affordable Care Act public exchange plan business to continue to do well in 2018, even if the cost-sharing reduction subsidy goes away.
About 90 percent of 2017 Centene exchange plan enrollees use the subsidy today, but Michael Neidorff, Centene's chairman, said the company paid attention to the news in Washington.
"We fully recognized the possibility that the cost-sharing reductions, the CSRs, might not continue to be funded," Neidorff said. "As such, we planned accordingly."
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