Fitch revises Centene to stable

Fitch Ratings said it affirmed the insurer financial strength ratings assigned to various Centene Corp. insurance company subsidiaries at BBB.

The outlooks were revised to stable from negative.

Fitch said the actions follow completion of a periodic review of Centene’s financial and operating profile. The actions reflect the company’s good capitalization and business profile and solid debt service capabilities and financial performance.

The outlook revisions reflect the agency’s heightened comfort that Centene’s key financial metrics will continue to support the company's current ratings as it continues to integrate HNT and responds to potential changes in the Medicaid market from the November elections.

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