Business Segments · Prior years

Medicaid — Prior years

Centene Medicaid — Prior years increased by 2416.6% to $6.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $6.85B to $6.82B. Over 4 years (FY 2021 to FY 2025), Medicaid — Prior years shows an upward trend with a 51.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

Favorable development (a decrease) indicates previous years were over-reserved, while unfavorable development suggests under-reserving.

Detailed definition

Represents the development of claims liabilities from previous fiscal years, reflecting adjustments made to original est...

Peer comparison

Standard actuarial metric known as 'Prior Year Development'.

Metric ID: cnc_segment_medicaid_prior_years

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$404.00M-$404.00M-$404.00M$5.64B-$6.41B-$196.00M-$80.00M$6.83B$1.06B$627.00M$226.00M$6.99B$925.00M$625.00M$150.00M$6.85B$896.00M$484.00M$271.00M$6.82B
QoQ Change+0.0%+0.0%>999%-213.6%+96.9%+59.2%>999%-84.5%-40.6%-64.0%>999%-86.8%-32.4%-76.0%>999%-86.9%-46.0%-44.0%>999%
YoY Change<-999%+51.5%+80.2%+21.1%+116.5%+419.9%+382.5%+2.3%-12.4%-0.3%-33.6%-2.1%-3.1%-22.6%+80.7%-0.4%
Range-$6.41B$6.99B
CAGR+81.3%
Avg YoY Growth-25.5%
Median YoY Growth+1.0%

Frequently Asked Questions

What is Centene's medicaid — prior years?
Centene (CNC) reported medicaid — prior years of $6.82B in Q1 2026.
How has Centene's medicaid — prior years changed year-over-year?
Centene's medicaid — prior years decreased by 0.4% year-over-year, from $6.85B to $6.82B.
What is the long-term trend for Centene's medicaid — prior years?
Over 4 years (2021 to 2025), Centene's medicaid — prior years has grown at a 51.4% compound annual growth rate (CAGR), from -$1.62B to $8.50B.
What does medicaid — prior years mean?
Adjustments made to the cost estimates of medical claims from previous years.