Health-care companies rose after one health insurer's earnings.
Shares of Centene rallied to their highest level since July after the insurer posted a lower-than-anticipated benefits ratio, suggesting it was getting medical spending under control. Insurers had been under pressure in recent months due to fears that premium revenue growth was not keeping up with increased medical spending. Among Centene's rivals, Humana and UnitedHealth rose.
Centene Corporation specializes in health services. Revenues break down by activity as follows:
- development of health insurance programs (97.4%): primarily for children, pregnant women, blind and disabled persons;
- specialized services (2.6%): pharmaceutical services (claims processing, pharmacy network management, mail order sales, home delivery, analysis and clinical consulting services, etc.), health care services by education and empowerment (behavioral orientation programs and welfare, nursing advice, etc.), eye and dental care services, home care services, development of health care management solutions, etc.
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
