- Reuters
Centene CEO says Medicaid redetermination shifted member profile-conference
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.
- Reuters
Restrictions on UniCredit eased in Russian lawsuit
A Russian court has eased restrictions imposed on UniCredit in a lawsuit over an aborted gas project, on Friday permitting the Italian lender to offer Russian sovereign bond holdings as collateral instead of other assets and property. The St Petersburg arbitration court ruled in mid May that 462.7 million euros ($503 million) in securities, real estate and accounts belonging to UniCredit, as well as 100% of shares in UniCredit Leasing and UniCredit Garant, be seized. UniCredit Leasing and UniCredit Garant are subsidiaries of AO UniCredit Bank, the Italian group's Russian arm.
- People
Martin Lawrence Joined by Ex-Wife Shamicka Gibbs and His 3 Daughters at “Bad Boys: Ride or Die” Premiere
The actor got support from his ex-wife Shamicka Gibbs and their daughters on the red carpet
