Bloomberg Law
Dec. 15, 2018, 6:39 PMUpdated: Dec. 17, 2018, 5:02 PM

Centene, Molina Would Be Heaviest Hit by Obamacare Unraveling (1)

Sara Hansard
Sara Hansard

Centene Corp. and Molina Health Inc. are the health insurers that would be hurt the most if a Dec. 14 federal court ruling overturning Obamacare stands, a health-care investment analyst said.

Both Centene, which is St. Louis-based, and Molina, based in Long Beach, Calif., “have low double digit revenue exposure to the [Obamacare] exchanges and double digit Medicaid expansion exposure,” Leerink health-care analyst Ana Gupte wrote in an analysis.

When it comes to Medicaid, these companies could lose significantly if people slightly above the federal poverty level are no longer able to qualify for Medicaid, as current law allows. ...

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