Business Segments · Medical claims liability

Medicaid — Medical claims liability

Centene Medicaid — Medical claims liability increased by 10.0% to $11.42B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $11.30B to $11.42B. Over 3 years (FY 2022 to FY 2025), Medicaid — Medical claims liability shows relatively stable performance with a -0.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

An increase may indicate rising medical costs or a larger member base, while a decrease could suggest improved claims processing efficiency or lower utilization.

Detailed definition

Represents the total estimated financial obligation for medical services provided to Medicaid members that have been inc...

Peer comparison

Standard across all managed care organizations under the label 'IBNR' or 'Claims Payable'.

Metric ID: cnc_segment_medicaid_medical_claims_liability

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$9.85B$10.94B$11.05B$11.11B$11.25B$11.75B$10.99B$11.04B$10.81B$10.49B$10.47B$10.17B$10.30B$11.30B$10.44B$11.34B$10.38B$11.42B
QoQ Change+11.2%+1.0%+0.6%+1.3%+4.4%-6.5%+0.4%-2.0%-3.0%-0.2%-2.9%+1.3%+9.7%-7.6%+8.6%-8.5%+10.0%
YoY Change+14.3%+7.4%-0.5%-0.7%-3.9%-10.7%-4.7%-7.9%-4.8%+7.7%-0.3%+11.6%+0.7%+1.1%
Range$9.85B$11.75B
CAGR+3.5%
Avg YoY Growth+0.7%
Median YoY Growth-0.4%

Frequently Asked Questions

What is Centene's medicaid — medical claims liability?
Centene (CNC) reported medicaid — medical claims liability of $11.42B in Q1 2026.
How has Centene's medicaid — medical claims liability changed year-over-year?
Centene's medicaid — medical claims liability increased by 1.1% year-over-year, from $11.30B to $11.42B.
What is the long-term trend for Centene's medicaid — medical claims liability?
Over 3 years (2022 to 2025), Centene's medicaid — medical claims liability has grown at a -0.7% compound annual growth rate (CAGR), from $44.36B to $43.46B.
What does medicaid — medical claims liability mean?
The total amount of money the company owes for medical services already provided to Medicaid patients.