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's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.