Can Centene's Medicare Advantage Strategy Unlock Better Margins?

Centene Corporation is simplifying its Medicare Advantage footprint and emphasizing dual-eligible members to improve portfolio quality and margins. The company's Medicare segment health benefits ratio improved to 89.5% in Q2 2026, with MA moving closer to breakeven. For 2027, Centene aims to achieve breakeven or better MA results through medical-cost control, Stars execution, and SG&A management.