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Centene misses profit estimates on higher COVID-19 costs


2 Min Read
(Reuters) - Centene Corp expects higher coronavirus-related costs during the early part of the year to offset benefits from deferred procedures, the U.S. health insurer said on Tuesday, after the company posted a lower-than-expected quarterly profit.
The company, which incurred higher costs related to COVID-19 treatment and testing in the fourth quarter, said COVID expenses are highly dependent on the trajectory of the pandemic and vaccination rates.
For much of 2020, health insurers incurred higher pandemic-related costs as they try to support their customers to get tested and treated for the virus. This, in turn, offset benefits from people putting out elective medical procedures and hospital visits. ....

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111-year-old Houston woman shares secrets to longevity

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