Centene Shares Dip 1.22% as $450M Volume Ranks 271st Subsidiary Invests $18M in OTC Benefits for 2M Texans

Centene (NYSE: CNC) closed August 5, 2025 with a 1.22% decline, trading at $45.35 per share, as a $450 million trading volume ranked it 271st among listed stocks. The move followed announcements from its Texas-based subsidiary Superior HealthPlan, which revealed a $18 million investment in over-the-counter (OTC) benefits for Medicaid and CHIP members over four years. This Value-added Services (VAS) initiative expands access to essential household and health products for 2 million Texans, including quarterly allowances for OTC items, vision care, and pregnancy support programs.

The investment underscores Centene’s strategy to enhance member engagement through non-traditional healthcare offerings. By targeting low-income communities across all 254 Texas counties, the program aligns with the company’s broader mission to reduce healthcare disparities. With $11.9 million in grants and community support since 2020, Superior’s expanded services aim to strengthen long-term retention while addressing unmet needs in underserved populations.

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