Centene Medicaid — Premium tax increased by 5.8% to $5.29B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.0%, from $4.13B to $5.29B. Over 4 years (FY 2021 to FY 2025), Medicaid — Premium tax shows an upward trend with a 26.1% CAGR.
Increases in premium tax are typically tied to revenue growth, but can impact net margins if not fully recoverable through rate adjustments.
Taxes levied by state governments on the premiums collected by managed care organizations. These are often pass-through...
Common in state-regulated insurance markets; often reported as 'Premium Taxes and Fees'.
cnc_segment_medicaid_premium_tax| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.00B | $2.00B | $2.00B | $2.95B | $1.97B | $2.14B | $2.01B | $3.94B | $2.77B | $3.08B | $4.12B | $4.07B | $3.86B | $5.12B | $4.51B | $4.13B | $6.28B | $4.79B | $5.00B | $5.29B |
| QoQ Change | — | +0.0% | +0.0% | +47.7% | -33.4% | +8.7% | -6.1% | +96.1% | -29.6% | +11.0% | +34.0% | -1.3% | -5.1% | +32.6% | -12.0% | -8.4% | +51.9% | -23.6% | +4.3% | +5.8% |
| YoY Change | — | — | — | — | -1.6% | +7.0% | +0.4% | +33.3% | +40.8% | +43.8% | +105.3% | +3.4% | +39.5% | +66.6% | +9.4% | +1.5% | +62.4% | -6.5% | +10.8% | +28.0% |