Current Liabilities

Return of premium payable

Centene Return of premium payable decreased by 1.4% to $1.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 34.7%, from $2.40B to $1.57B. Over 5 years (FY 2020 to FY 2025), Return of premium payable shows relatively stable performance with a 1.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase suggests higher potential for premium rebates, which may indicate lower-than-expected medical loss ratios or regulatory adjustments.

Detailed definition

This represents the liability for premium refunds owed to policyholders or government agencies, often resulting from reg...

Peer comparison

This is highly specific to the managed-care and insurance industry; peers with similar government-sponsored plans will have comparable obligations.

Metric ID: current_liabilities_returnof_premium_payable

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$2.13B$2.24B$2.33B$2.63B$2.38B$2.21B$1.63B$2.08B$2.07B$2.16B$1.46B$1.75B$1.62B$1.96B$2.01B$2.40B$2.44B$1.57B$1.59B$1.57B
QoQ Change+5.2%+4.0%+12.9%-9.5%-7.3%-25.9%+27.1%-0.3%+4.3%-32.3%+19.8%-7.8%+21.3%+2.5%+19.7%+1.6%-35.8%+1.5%-1.4%
YoY Change+11.8%-1.5%-29.8%-21.0%-12.9%-2.0%-10.5%-15.7%-22.0%-9.3%+37.3%+37.2%+51.2%-20.0%-20.7%-34.7%
Range$1.46B$2.63B
CAGR-6.2%
Avg YoY Growth-3.9%
Median YoY Growth-11.7%

Frequently Asked Questions

What is Centene's return of premium payable?
Centene (CNC) reported return of premium payable of $1.57B in Q1 2026.
How has Centene's return of premium payable changed year-over-year?
Centene's return of premium payable decreased by 34.7% year-over-year, from $2.40B to $1.57B.
What is the long-term trend for Centene's return of premium payable?
Over 5 years (2020 to 2025), Centene's return of premium payable has grown at a 1.8% compound annual growth rate (CAGR), from $1.46B to $1.59B.
What does return of premium payable mean?
Funds the company is obligated to return to policyholders or government entities based on contract terms or regulations.