By skyforbes 
Centene Corp (NYSE: CNC) could make money from Medicaid expansion.
To explain, Centene (CNC) claims to be America’s largest Medicaid managed care organization. In addition, Centene claims to be the number one carrier in the Health Insurance Marketplace.
Notably, Centene claims to be a leader in Medicaid managed care in California, Florida, New York, and Texas, the nation’s four most populous states. Centene supports Medicaid services in 33 states.
How Big is Medicaid?
Medicaid is the largest health insurance program in America. Medicaid.gov estimates 76.302 million people were enrolled in Medicaid in June 2021.
To explain, Medicaid is America’s federal health insurance program for lower-income people. Unlike Medicare, the health insurance program for senior citizens, the states administer Medicaid.
Additionally, another 39.190 million Americans participate in CHIP, a federal health-insurance program for lower-income children. Like Medicaid, the states run CHIP.
Can Centene make money from Medicare and Medicaid?
Hence, Centene (NYSE: CNC) serves the largest segment of American health insurance, Medicaid. In particular, Centene…