Ouch, that gotta hurt. Centene to pay $1 billion dollars in rebates back to ACA Missouri policyholders. Sting.
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@ff you are so right! I was let go for BS reasons and zero proof of my wrongdoings. I was also let go by a Business Analyst who was previously my manager. Tell me how that was legal! I did email myself everything they accused me of NOT doing and forced me to perform illegal COB automations. I am in talks with a lawyer for wrongful termination.
Karma will prevail!
Uh. Pretty sure the total aggregate that gets paid back across ALL companies they didn’t hit their 85% target is $1B. Centene is a portion of that 1B.
$1B is merely .6% of their revenue. If I had $100 and got a speeding ticket of .60 cents, I would keep speeding.
@fb "flippant" that's funny. Karma is a bi--h, and Centene is getting what it deserves for always making shareholders and C-suite salaries more important than the members and its employees. It better start hurting and soon because they have run this company into the ground, and it is on a one-way track to going under. That isn't delighting in its demise, that is point-blank calling it out for what it is. Lawsuit after lawsuit after lawsuit - su-ks for them, but clearly they will never learn. Have fun with nursing your precious company's feelings. I don't feel bad for Centene, I feel bad for the multitudes of members and employees they have fu---d over.
@dz no, YOU stop. the flippant tone of “Ouch, that gotta hurt” can’t be mistaken unless you’re incredibly naive.
@dg, it seems like you must be confused, as I don't see the OP reveling in pleasure, but just pointing out the fact that it's going to sting, whether that is $B or $87.5M. Just stop.
@OP the original story has been revised to $87.5 million, so you’ll have to take your schadenfreude elsewhere.
Plus almost the end of the 3rd quarter .
Oh yeah, layoffs are definitely coming. Centene just can't seem to stop stepping in it.