Health insurer Centene's Chief Executive Sarah London said on Friday that turnover in people enrolled in Medicaid plans had led to a shift in its membership health profile, to patients who were sicker, but stood by its 2024 earnings and cost forecasts. Around 30% of Medicaid members who lost their membership when re-enrollment started last year had been taken off the list "inappropriately" and their return now is causing uncertainty for the health insurer, London said at a Bernstein investor conference. The decline in enrolled members was also a factor, London added.
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