Centene Corporation

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Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children’s health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services.

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4

Overall Excellence Rating

Industry

Healthcare

Category

Health Insurance

ESG/Ethical Impact

Environmental sustainability is a large part of Centene’s day-to-day business operations. From the energy-efficient buildings that house our operations to enterprise-wide recycling initiatives, and now, our hybrid and remote work culture, Centene cares about protecting the environment. Environmental sustainability is a large part of Centene’s day-to-day business operations. We pursue opportunities to minimize our impact on the environment. From the energy-efficient buildings that house our operations to enterprise-wide recycling initiatives, and now, hybrid and remote work culture, Centene cares about protecting our environment. Centene partners with local communities, nonprofit organizations and other businesses to create positive environmental impact. As part of the Centene Foundation’s partnership with American Rivers, an organization that protects rivers and conserves clean water, Centene employees have opportunities to demonstrate environmental stewardship. In 2022, employees collected litter during the Protect Our Planet Virtual Cleanup Challenge. At Centene, we recognize that the healthcare industry is constantly evolving. We take the lead in challenging ourselves and the world around us to be better. The continuous growth and development of our people is a top business priority. We believe in the power of learning and the value of employees having the opportunities to reinvent themselves. We actively provide employees with opportunities to learn and grow within their current roles as well as for roles in the future. Centene empowers each employee to lead from where they are. Whether employees access leadership training through the different leadership programs offered through Centene University, or apply to tailored programs through the St. Louis Business Diversity Initiative or the Hispanic Leadership Institute, we recognize the importance of investing in leaders at all levels. Centene also partners with employees to solicit their knowledge and ideas. Centene established SPARK, its annual employee crowdsourcing innovation competition, which gives team members the opportunity to introduce new ideas and solutions.Centene believes that strong corporate governance is important to ensure we are able to create and sustain long-term value for our stakeholders. Being a leader in government-sponsored healthcare means doing things the right way, every day. To ensure we are always at our best, we embrace and foster a culture of accountability that is shaped and supported by Centene’s Board of Directors, our Business Ethics & Code of Conduct and a system of policies and procedures that encourage our employees to be responsible stewards of taxpayer dollars, our brand and company.The Board of Directors has overall responsibility for the oversight of enterprise-wide risk management at Centene, while management is responsible for day-to-day risk management. The ERM group is responsible for facilitating the risk identification process, conducting quarterly and annual risk assessments and providing clear and timely direct reporting to executive leadership and the Board of Directors. Additionally, the ERM group annually performs quantitative and/or qualitative assessments of risk exposure in both normal and stressed environments for material risk categories, which include both financial and non-financial risks.Centene is a managed care organization with a comprehensive approach to healthcare. Its diversified healthcare services contribute to its financial stability. Revenue Streams: The company generates revenue through health insurance premiums and healthcare services. Centene’s focus on managed care enhances its financial sustainability by efficiently providing healthcare access and services.Centene is deeply committed to uncompromising integrity, ethical decision-making and regulatory compliance across all of our businesses. Centene’s Chief Risk, Ethics & Compliance Officer has enterprise-wide responsibility for leading Centene’s Ethics and Compliance Program. The Program is designed to ensure our company maintains appropriate training, monitoring, oversight and enforcement of compliance with laws, regulations, and administrative rules, to continue meeting the expectations of our government partners, providers and members. We believe that each and every one of our employees is integral to maintaining the company’s reputation, and Centene holds employees accountable to always take personal responsibility for choosing what is right. A culture committed to compliance is critical to Centene’s success, and only possible with the collective support of every employee. To create alignment and drive accountability across the organization, a compliance-focused goal is integrated into performance evaluations for all employees.

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Awards Received

2023

Revenues

$144,500,000,000.00

Website Traffic

Employee Rating

3.6

Customer Rating

3.2

Company Size

10000+

ESG Risk Rating

4

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