Fusion Research
Research analyst, oil & gas, tech, mid-cap

Why Centene Is A Good Opportunity

This year, the Patient Protection and the Affordable Care Act, or PPACA, jointly known as Obamacare, has brought positive changes that will benefit both the U.S. citizens as well as the healthcare providers. It plans to qualify millions of low-income citizens for its Medicaid program, where the federal government will fully pay the coverage, which at present is half-paid by the states and government jointly. Approximately 16 million U.S. citizens are expected to be insured through Medicaid by the year 2016. In 2012, 18 states expanded their Medicaid programs and more than 30 states are expected to join by 2013. Henceforth, this will bring a huge opportunity for healthcare providers in the coming years.

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