Centene has been banned from expanding its Medicare Advantage plan due to consistently-horrible scores in the federal quality rating program.
According to the Modern Healthcare article, “Among large insurers, Centene fared the worst in the rating program this year. Just 3% of its members are enrolled in plans that meet the four-star quality bonus threshold for 2023, down from 54% last year…”
This is no surprise to agents who have been writing Wellcare/Centene is the past few years.
“They had immense volumes of mergers and acquisitions and immense amounts of integration work.” – the Modern Healthcare article says.
The entire article can be found here: https://bit.ly/centeneban
Wellcare in the news as of October 10, 2022 includes: