Operating

Change in benefits payable

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.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase indicates higher unpaid claims, which can be a source of cash, while a decrease indicates faster settlement of claims.

Detailed definition

Reflects the change in the liability for medical claims incurred but not yet paid to providers. This is a critical indic...

Peer comparison

Highly specific to health insurers; peers like UnitedHealth or CVS Health report similar metrics.

Metric ID: change_in_benefits_payable

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '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%
Range-$620.00M$1.77B
CAGR+3.9%
Avg YoY Growth+190.3%
Median YoY Growth+104.3%

Change in benefits payable at Other Companies

Frequently Asked Questions

What is Centene's change in benefits payable?
Centene (CNC) reported change in benefits payable of $95.00M in Q1 2026.
How has Centene's change in benefits payable changed year-over-year?
Centene's change in benefits payable decreased by 94.1% year-over-year, from $1.60B to $95.00M.
What is the long-term trend for Centene's change in benefits payable?
Over 3 years (2021 to 2024), Centene's change in benefits payable has grown at a -41.1% compound annual growth rate (CAGR), from $1.80B to $368.00M.
What does change in benefits payable mean?
The change in the amount of money owed to healthcare providers for services already rendered.