Centene Corp was organized in Wisconsin in 1993 as a holding company and reincorporated in Delaware in 2001. The Company is a diversified, multi-line healthcare enterprise that provides programs and services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. It provides member-focused services through locally based staff by assisting in accessing care, coordinating referrals to related health and social services and addressing member concerns and questions. It also provide education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. The Company also provides education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. The Company operates in two segments namely Medicaid Managed Care and Specialty Services. Its Medicaid Managed Care segment provides Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State Children's Health Insurance Program, long-term care, Foster Care, dual eligible individuals in Medicare Special Needs Plans and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program. The Company's Specialty Services segment offers products for behavioral health, care management software, health insurance exchanges, individual health insurance, life and health management, LTC programs, managed vision, telehealth services, and pharmacy benefits management to state programs, healthcare organizations, employer groups and other commercial organizations, as well as to its subsidiaries. The Company continues to face varying and increasing levels of competition as it expands in its existing service areas or enter new markets, as federal regulations require at least two competitors in each service area. Healthcare reform proposals may cause a number of commercial managed care organizations to decide to enter or exit the Medicaid market. It's Medicaid, Medicare and Specialty operations are regulated at both state and federal levels.
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