Centene (MIL:1CNC) Administration Cost Ratio % : 0.00% (As of . 20)

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What is Centene Administration Cost Ratio %?

Administration Cost Ratio % is the percentage of the insurance premium that insurers use to pay overhead expenses, such as marketing, profits, salaries, administrative costs and agent commissions. A lower Administration Cost Ratio % indicates the company is more efficient in its operations and has better profitability.

The historical rank and industry rank for Centene's Administration Cost Ratio % or its related term are showing as below:

MIL:1CNC's Administration Cost Ratio % is not ranked ^*
in the Healthcare Plans industry.
Industry Median:
* Ranked among companies with meaningful Administration Cost Ratio % only.

Centene Administration Cost Ratio % Historical Data

The historical data trend for Centene's Administration Cost Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Centene Administration Cost Ratio % Chart

Centene (MIL:1CNC) Administration Cost Ratio % Explanation

Administration Cost Ratio % is the percentage of the insurance premium that insurers use to pay overhead expenses, such as marketing, profits, salaries, administrative costs and agent commissions.

A lower Administration Cost Ratio % indicates the company is more efficient in its operations and has better profitability.

Centene Administration Cost Ratio % Related Terms

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Centene (MIL:1CNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Centene Corp (MIL:1CNC) » Definitions » Administration Cost Ratio %

Comparable Companies

Traded in Other Exchanges

CNC:USA CNC:Mexico QEN:Germany C1NC34:Brazil

Address

7700 Forsyth Boulevard, Centene Plaza, St. Louis, MO, USA, 63105

Website

https://www.centene.com

Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of June 2023, mostly in Medicaid (67% of membership), the individual exchanges (14%), and Medicare Advantage (6%) plans. The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program.

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