Centene reports third-quarter profits despite Obamacare changes

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The president and CEO of health insurer Centene said Tuesday its Obamacare plans “continue to perform well” and the company had prepared for some of the changes the Trump administration made to the implementation and promotion of the law.

Centene chief Michael Neidorff said its third-quarter profits rose 22 percent to $239 million, or $1.35 per share, in the period compared to $196 million, or $1.12 cents per share, at this time last year.

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