Centene’s biggest stock drop in years—what’s behind the plunge?
Centene Corporation’s shares experienced their steepest decline in four years, plunging by 7.7% after news of a renewed contract for its subsidiary, Iowa Total Care, to manage Iowa Medicaid services. The four-year contract, beginning July 2025, extends Iowa Total Care’s role in the Iowa Health Link program, covering over 218,600 members. Although securing the contract […]