Feb 7, 2017

Centene is willing to adapt to Medicaid reforms

Jeff Roberson/AP

Centene CEO Michael Neidorff believes his health insurance company, one of the largest Medicaid insurers in the country, can work with Republican plans that would overhaul Medicaid. But he clearly thinks per capita caps — limits on funding for each person in the program — would work better than the other GOP idea, block grants that would be a hard limit for everything.

The key quote: "We believe we can work on any basis, whether it's block grants or per capita caps. I will note that per capita caps is a fairer approach for states that have a growing Medicaid population," Neidorff told investors on a conference call Tuesday.

By the numbers: Centene covers more than 11 million people, roughly 7 million of whom who are on Medicaid. Nearly 1.1 million of those Centene Medicaid enrollees got their coverage because of Obamacare's Medicaid expansion, showing that companies such as Centene have benefited from the law and therefore have big interests in what happens to Medicaid policy reform.

Centene finished 2016 with a $562 million profit on $40.6 billion of revenue, making it larger from a revenue perspective than companies like Goldman Sachs, Merck and Best Buy.

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Trump says he will campaign against Lisa Murkowski after her support for Mattis

Trump with Barr and Meadows outside St. John's Episcopal church in Washington, D.C. on June 1. Photo: Brendan Smialowski/AFP via Getty Images

President Trump tweeted on Thursday that he would endorse "any candidate" with a pulse who runs against Sen. Lisa Murkowski (R-Alaska).

Driving the news: Murkowski said on Thursday that she supported former defense secretary James Mattis' condemnation of Trump over his response to protests in the wake of George Floyd's killing. She described Mattis' statement as "true, honest, necessary and overdue," Politico's Andrew Desiderio reports.

8 hours ago - World

The president vs. the Pentagon

Trump visits Mattis and the Pentagon in 2018. Photo: Brendan Smialowski/AFP via Getty

Over the course of just a few hours, President Trump was rebuffed by the Secretary of Defense over his call for troops in the streets and accused by James Mattis, his former Pentagon chief, of trampling the Constitution for political gain.

Why it matters: Current and former leaders of the U.S. military are drawing a line over Trump's demand for a militarized response to the protests and unrest that have swept the country over the killing of George Floyd by police.

New York Times says Tom Cotton op-ed did not meet standards

Photo: Avalon/Universal Images Group via Getty Images)

A New York Times spokesperson said in a statement Thursday that the paper will be changing its editorial board processes after a Wednesday op-ed by Sen. Tom Cotton (R-Ark.), which called for President Trump to "send in the troops" in order to quell violent protests, failed to meet its standards.

Why it matters: The shift comes after Times employees began a coordinated movement on social media on Wednesday and Thursday that argued that publishing the op-ed put black staff in danger. Cotton wrote that Trump should invoke the Insurrection Act in order to deploy the U.S. military against rioters that have overwhelmed police forces in cities across the country.