Centene Medicare — Prior years increased by 3663.9% to $2.71B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 40.9%, from $1.92B to $2.71B. Over 4 years (FY 2021 to FY 2025), Medicare — Prior years shows an upward trend with a 105.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Favorable development (a decrease) indicates prior estimates were conservative, while unfavorable development (an increase) suggests underestimation of past costs.
This represents the adjustment to claims liabilities established in previous fiscal periods based on actual development...
Commonly referred to as 'prior period development' in insurance financial reporting.
cnc_segment_medicare_prior_years| 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 | -$35.50M | -$35.50M | -$35.50M | $1.62B | -$1.67B | $24.00M | -$80.00M | $2.15B | $212.00M | $95.00M | $130.00M | $2.05B | $512.00M | $151.00M | $0.00 | $1.92B | $329.00M | $209.00M | $72.00M | $2.71B |
| QoQ Change | — | +0.0% | +0.0% | >999% | -202.8% | +101.4% | -433.3% | >999% | -90.1% | -55.2% | +36.8% | >999% | -75.0% | -70.5% | -100.0% | — | -82.9% | -36.5% | -65.6% | >999% |
| YoY Change | — | — | — | — | <-999% | +167.6% | -125.4% | +32.1% | +112.7% | +295.8% | +262.5% | -4.4% | +141.5% | +58.9% | -100.0% | -6.2% | -35.7% | +38.4% | — | +40.9% |