CENTENE SUBSIDIARY ARIZONA COMPLETE HEALTH JOINS SETTLEMENT AGREEMENT TO MOVE FORWARD WITH STATEWIDE LONG-TERM CARE MEDICAID CONTRACT

, /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its subsidiary, Arizona Complete Health, the largest Medicaid health plan in Arizona, has joined the Arizona Health Care Cost Containment System (AHCCCS) – Arizona's single state Medicaid agency – and three other health plans in reaching a settlement agreement to provide managed care for the Arizona Long Term Care System (ALTCS). The ALTCS program supports nearly 26,000 Arizonans who are elderly and/or have a physical disability (EPD) with physical and behavioral healthcare, as well as pharmacy benefits and home- and community-based services.

Beginning October 1, 2025, Arizona Complete Health will be available statewide, covering services for Arizonans enrolled with the Arizona Long Term Care System-Elderly and/or Physically Disabled (ALTCS-EPD) program. The settlement agreement awards Arizona Complete Health a three-year contract, with the option to extend each year thereafter for three years, for a total contract period of six years.

"We have proudly served AHCCCS members since 2006 and, today, provide health care coverage to more than 400,000 members statewide," said Centene Chief Executive Officer, Sarah M. London. "Reaching this agreement was an incredibly positive step forward and places the focus on the important work of improving the health of ALTCS-EPD members."

AHCCCS will send notices to members about relevant changes, as well as health plan assignment and member choice options, over the coming months.

"It is an honor to have been selected to lead ALTCS-EPD programs statewide," said Arizona Complete Health Plan President and CEO Martha Smith. "This settlement agreement reflects our shared interest in putting ALTCS members first. Now, we can focus our efforts on ensuring a smooth member transition and coordination of care for an October 1, 2025 launch."

For more information, AHCCCS has developed an FAQ document and will make additional information available on its website: www.azahcccs.gov.

ALTCS is one of the oldest Medicaid managed long-term services and supports programs in the country, providing integrated physical health, behavioral health and long-term services and supports to individuals in Arizona. The program places a special emphasis on home- and community-based services that support members' ability to live independently to the greatest extent. 

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About Centene Corporation 
Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace. 

Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://investors.centene.com/. 

About Arizona Complete Health
Arizona Complete Health, a wholly owned subsidiary of Centene Corporation, provides and administers health benefits through individual, Medicaid, Medicare and dual eligible programs. Arizona Complete Health-Complete Care Plan is the state's largest Medicaid plan serving members statewide. Arizona Complete Health also offers Medicare Advantage coverage through its Wellcare program and Marketplace coverage through Ambetter from Arizona Complete Health. For more information on Arizona Complete Health, please visit the company's website at www.azcompletehealth.com.

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SOURCE CENTENE CORPORATION