Health insurer Centene forecasts 2025 profit above expectations, ET HealthWorld

Bengaluru: U.S. health insurer Centene forecast a better-than-expected profit for 2025 on Thursday, betting on the strength of its commercial plans to neutralize higher costs in its government-backed health plans.

The insurer expects 2025 adjusted profit greater than $7.25 per share, compared with analysts’ average estimate of $6.97, according to data compiled by LSEG.

Centene gave the forecast ahead of its investor day, which was changed to a virtual event after the fatal shooting of Brian Thompson, the CEO of UnitedHealth Group’s health insurance unit, in New York last week. (Reporting by Mariam Sunny and Christy Santhosh in Bengaluru; Editing by Sriraj Kalluvila)

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