6.12.20 - Centene Expects Covid-19 to Lower Medical Costs This Year
'Centene’s New York state unit, Fidelis Care, has asked regulators to approve an 18.8% rate increase for its individual market plans for 2021, according to state filings. About 8% of that is driven by Covid-19, including expected medical costs for Covid treatment, testing and vaccines, and pent-up demand for care people have put off.'
'New York regulators still have to approve the proposed rate increases. Neidorff said other markets may see smaller changes.'