Business Segments · Medical claims liability

Medicare — Medical claims liability

Centene Medicare — Medical claims liability decreased by 7.6% to $4.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $3.75B to $4.07B. Over 3 years (FY 2022 to FY 2025), Medicare — Medical claims liability shows an upward trend with a 8.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

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

This represents the total estimated liability for medical services provided to Medicare members that have been incurred...

Peer comparison

Standard across managed care organizations as 'IBNR' or 'Claims Payable'.

Metric ID: cnc_segment_medicare_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$2.29B$3.03B$3.40B$3.32B$3.43B$3.31B$3.24B$3.26B$3.61B$3.69B$3.68B$3.58B$3.36B$3.75B$4.39B$4.35B$4.40B$4.07B
QoQ Change+32.7%+12.0%-2.2%+3.3%-3.6%-2.0%+0.7%+10.7%+2.0%-0.2%-2.6%-6.3%+11.6%+17.2%-1.0%+1.2%-7.6%
YoY Change+50.1%+9.0%-4.6%-1.7%+5.3%+11.5%+13.5%+9.8%-7.0%+1.7%+19.3%+21.4%+31.1%+8.5%
Range$2.29B$4.40B
CAGR+14.5%
Avg YoY Growth+12.0%
Median YoY Growth+9.4%

Frequently Asked Questions

What is Centene's medicare — medical claims liability?
Centene (CNC) reported medicare — medical claims liability of $4.07B in Q1 2026.
How has Centene's medicare — medical claims liability changed year-over-year?
Centene's medicare — medical claims liability increased by 8.5% year-over-year, from $3.75B to $4.07B.
What is the long-term trend for Centene's medicare — medical claims liability?
Over 3 years (2022 to 2025), Centene's medicare — medical claims liability has grown at a 8.6% compound annual growth rate (CAGR), from $13.18B to $16.89B.
What does medicare — medical claims liability mean?
The total estimated amount the company owes for medical services already provided to Medicare members.