Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite (opens in new tab)

Centene is offering buyouts to most of its 61,000 employees, citing a 6 percent drop in plan membership, the expiration of enhanced ACA subsidies, and the prospect of $900 billion in Medicaid cuts over the next decade. Layoffs will follow if voluntary separations fall short of the target.