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Centene began offering state-run Medicaid programs through Affordable Care Act exchanges in 2014. [7] In July 2015, Centene announced it would acquire Health Net. [8] [9] [10] In March 2016, it finalized its acquisition [11] In September 2017, it announced that it would acquire Fidelis Care, a nonprofit insurer in New York, for US$3.75 billion ...
Fidelis Care is a New York-based health insurance company formed in 1993. [2] As of 2018, Fidelis Care served more than 1.7 million New York residents. [3] It is a subsidiary of Centene Corp and has offices throughout New York State. [4] [1]
WellCare began operations in 1985 in Tampa, Florida as a Medicaid provider for the State of Florida. [3] In 1992, Kiran Patel, a cardiologist and entrepreneur, purchased the company. [4] [5] In 2002, Patel sold it to a New York investment group led by George Soros and Todd Farha. [5] Also in 2002, Todd Farha joined the company as CEO. [6] [7]
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A Gallup poll released Friday found that Americans believe health care quality is at a 24-year low. Those polled said health care coverage is even worse, with 54% saying it’s fair or poor.
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Total payroll employment is at a record 159.3 million jobs, up 7 million from the prepandemic high. The unemployment rate — that is, the number of workers who identify as unemployed as a ...