Hey reporters: where’s the Centene story?

Apparently the turnaround is complete because the stock went up and somebody put “beat” in a headline.

Never mind that about $0.50 of EPS came from one-time prior-year adjustments, Medicaid attrition got worse, the remaining population is getting sicker, Marketplace membership is getting smoked, ACA exits are starting, buyouts are underway, and 2026 earnings are still well below where they were a few years ago. There are some mounting fines and political allegations.

Oh, and the CFO who confidently read the recovery script on July 28 announced his exit 20 days later.

Here’s the part I really don’t get: reporters have reached out to employees and former employees asking for information. People know they’re looking. And yet… where are the stories?

There’s leadership churn, layoffs, outsourcing, membership pressure, worsening Medicaid dynamics, one-time earnings help, and a stock price telling a much cleaner story than the business underneath it.

Nothing to see here. Very healthy. Very sustainable. 🫠

Please admire the stock chart and ignore the smoke coming out of the engine compartment. 💨And maybe somebody in the press could finally pop the hood. 🔥

#Report

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@d6 well I understand all of that but since I lost my only source of income I guess Uncle Sam and the state can kiss my a-s.

@d5 you can change the withholding, but the underlying severance is still taxable income. You're mostly shifting when the tax gets paid, and if you under withhold too much, you can end up with a tax bill and possible penalty later.

Also, if Centene is treating the severance as separately paid supplemental wages and using the flat 22% federal withholding method, changing your W-4may not affect that portion much anyway.

The government is still banking hard for the severances. And it's coming from money that Centene got from taxpayers. Seriously, someone needs to map all of this out.

@d3 I changed my withholding

@ab why is this getting negative attention

@cy why should they care, they are making BANK off of the taxes from our severance packages… it’s supplemental income they get to tax at 22%.

The story is right there, Andy Miller of KFF.org. 🤷‍♂️

@a3 starting to feel like our government is looking the other way? Well hallelujah, you’ve seen the light. Welcome to the $hitshow

Nick Shirley we need you! https://nickshirley.us.com/

@a3 All the while Trump is at War with his tariffs they have to be looking the other way all whike screaming how great our economy is ?! All lies. Always has been ! Fake news.

@a9 Amen. How are we all losing our jobs. Rich get richer and about to join the poor class and I saw an elderly woman pushing a shopping cart thru a parking lot. Might be me soon. Something has to be done. How can this happen ? How can it be fair. ? You are so right.

@A3 Why are taxpayers funding eight-figure executive pay at managed healthcare companies while affordable care remains out of reach for so many Americans and billions in public money leave the country with so little accountability?

Members of Congress take money from healthcare lobbyists while many are also invested in the companies they’re supposed to oversee

Reporters, follow the money. Do your job.

Also, make it make sense.

I truly think every single one of these large for-profit health insurance corporations have paid off both the local and national media. There can be no other explanation for the silence on all the corruption not to mention the unethical and perhaps even illegal hiring practices with overseas labor taking place.

As a result, I have started to stop watching the news daily because I no credit them with honest news, if they are not even going to bring all of the PHI and PII data of Medicare taking place because being accessed overseas. Then, there is replacing American workforce with foreign labor, some of which served our country proudly in the military.

I am so disgusted with these deadbeat corporations, our media, and starting to feel like our government is looking the other way.

All of this is really shameful and despicable!

Thread regarding Centene Corp. layoffs

Hey reporters: where’s the Centene story?

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