Centene Change in benefits payable decreased by 93.1% to $95.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 94.1%, from $1.60B to $95.00M. Over 3 years (FY 2021 to FY 2024), Change in benefits payable shows a downward trend with a -41.1% CAGR.
An increase indicates higher unpaid claims, which can be a source of cash, while a decrease indicates faster settlement of claims.
Reflects the change in the liability for medical claims incurred but not yet paid to providers. This is a critical indic...
Highly specific to health insurers; peers like UnitedHealth or CVS Health report similar metrics.
change_in_benefits_payable| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$80.00M | $1.34B | $141.00M | $1.77B | $322.00M | -$113.00M | $421.00M | $759.00M | -$620.00M | $262.00M | $860.00M | $108.00M | $65.00M | -$178.00M | $373.00M | $1.60B | $206.00M | $1.37B | $95.00M |
| QoQ Change | — | >999% | -89.4% | >999% | -81.8% | -135.1% | +472.6% | +80.3% | -181.7% | +142.3% | +228.2% | -87.4% | -39.8% | -373.8% | +309.6% | +329.8% | -87.1% | +563.6% | -93.1% |
| YoY Change | — | — | — | — | +502.5% | -108.5% | +198.6% | -57.0% | -292.5% | +331.9% | +104.3% | -85.8% | +110.5% | -167.9% | -56.6% | >999% | +216.9% | +868.0% | -94.1% |