---
schema_version: "secwatch.filing_event.v1"
accession: "0001071739-24-000130"
form_type: "8-K"
ticker: "CNC"
cik: "0001071739"
company_name: "CENTENE CORP"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:35:29.424541+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Centene reaffirms FY adj EPS >$6.80, adds $125M reserve for 2025 MA bids; Medicaid costs elevated

## Summary
- Reaffirmed FY2024 adjusted diluted EPS >$6.80 and consolidated health benefits ratio 87.3%-87.9%.
- Added ~$125M Q4 premium deficiency reserve related to 2025 Medicare Advantage bids to adjusted EPS guidance.
- Medicaid segment experiencing higher than expected medical costs in April and early May 2024; just under 50% of rate changes expected July-October.
- Marketplace and Medicare segments performing as expected; strong premium revenue and investment income anticipated for Q2 and remainder of 2024.

## SEC filing metadata
- accession: 0001071739-24-000130
- form_type: 8-K
- ticker: CNC
- cik: 0001071739
- company_name: CENTENE CORP
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071739/000107173924000130/0001071739-24-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071739/000107173924000130/cnc-20240529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071739-24-000130
- JSON: https://secwatch.observer/filing/0001071739-24-000130.json
- Plain text: https://secwatch.observer/filing/0001071739-24-000130.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.