CENTENE SUBSIDIARY MERIDIAN IN MICHIGAN AWARDED CONTRACT TO SERVE DUAL ELIGIBILE MEDICARE AND MEDICAID MEMBERS IN MICHIGAN

ST. LOUIS, Oct. 14, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its subsidiary, Meridian Health Plan of Michigan, Inc. ("Meridian"), has been selected by the Michigan Department of Health and Human Services (MDHHS) to provide highly integrated Medicare and Medicaid services for dually eligible Michiganders through a Highly Integrated Dual Eligible Special Needs Plan (HIDE SNP). Michigan's current MI Health Link pilot program will transition from a Medicare-Medicaid Plan (MMP) to MI Coordinated Health, a HIDE SNP in coordination with the Centers for Medicare and Medicaid Services (CMS) in 2026. The plan is expected to launch on Jan. 1, 2026, and is a seven-year term, with three optional one-year extensions, for a total of 10 possible contract years.

"With this award, Meridian will continue delivering critical support and care to high-need Michiganders," said Centene Chief Executive Officer, Sarah M. London. "We are honored to have the opportunity to work with MDHHS and CMS to remove barriers to care and connect members with the healthcare, social and community services needed for Michigan's most vulnerable and underserved populations."

Meridian is one of nine managed care organizations selected to deliver high-quality healthcare to Michiganders through the HIDE SNP program. Meridian currently serves more than 540,000 members in Michigan, including approximately 6,000 MMP members and over 13,500 Medicare Dual Eligible Special Needs (D-SNP) members. With CMS sunsetting the MMP product in all states at the end of 2025, Meridian's HIDE SNP product will ensure continuity of care for our members and enhanced care for many others by meeting the needs of those dually eligible for Medicare and Medicaid – integrating long-term services and supports and simplifying services for dual enrollees.

"We look forward to working with the state to continue providing highly integrated care to our more than 540,000 members," said Meridian Plan President, Patty Graham. "Through our partnership with community groups, providers and other community-based health organizations, we are proud to deliver whole health and culturally sensitive solutions."  

About Centene Corporation  
Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace and the TRICARE program. The Company also contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and value creation as well as the development of its people, systems and capabilities so that it can better serve its members, providers, local communities and government partners.  

Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://investors.centene.com/.  

About Meridian
Meridian in Michigan provides government-sponsored managed care services to families, children, seniors and individuals with complex medical needs primarily through Medicaid (Meridian), Medicare Advantage and Medicare Prescription Drug Plans (Wellcare), Medicare-Medicaid Plans (MeridianComplete) and the Health Insurance Marketplace (Ambetter from Meridian). Meridian is a Centene Corporation company, a leading healthcare enterprise committed to helping people live healthier lives. For more information about Meridian, please visit mimeridian.com/.

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SOURCE Centene Corporation