SASB Index
Centene created the index below to provide stakeholders with disclosures aligned with the Sustainability Accounting Standards Board (SASB) Managed Care standard. Disclosures aligned with other relevant Sustainability Accounting Standards were also included for workforce diversity and engagement. All data relates to the year ended December 31, 2021, unless otherwise stated.
DATA PRIVACY & SECURITY
SASB TOPIC | SASB CODE | ACCOUNTING METRIC | CENTENE DISCLOSURE | |||||||||
Customer | HC-MC-230a.1 | Description of policies and | Centene Data Privacy & Security Standards | |||||||||
Privacy & | practices to secure | |||||||||||
Technology | customers' protected health | |||||||||||
Standards | information (PHI) records and | |||||||||||
other personally identifiable | ||||||||||||
information (PII) | ||||||||||||
HC-MC-230a.2 | (1) Number of data breaches, | Centene and its subsidiaries report required data breaches | ||||||||||
(2) percentage involving (a) | to the U.S. Department of Health and Human Services, | |||||||||||
personally identifiable | Office for Civil Rights. Please refer to the U.S. Department of | |||||||||||
information (PII) only and (b) | Health and Human Services Office for Civil Rightswebsite. | |||||||||||
protected health information | ||||||||||||
(PHI), (3) number of | ||||||||||||
customers affected in each | ||||||||||||
category, (a) PII only and (b) | ||||||||||||
PHI | ||||||||||||
HEALTHCARE ACCESS | ||||||||||||
SASB TOPIC | SASB CODE | ACCOUNTING METRIC | CENTENE DISCLOSURE | |||||||||
Access to | HC-MC-240a.1 | Medical loss ratio (MLR) | 87.8% | |||||||||
Coverage | ||||||||||||
Centene operates in two segments: Managed Care and | ||||||||||||
Specialty Services. Our MLR disclosure includes the | ||||||||||||
Managed Care segment. The Specialty Services segment | ||||||||||||
MLR is immaterial to the consolidated organization. | ||||||||||||
HC-MC-240a.2 | Total amount of rebates | Centene accrued MLR rebates of $196 million as of | ||||||||||
accrued and paid due to non- | December 31, 2021 and paid MLR rebates of $207 million | |||||||||||
compliance with the Patient | during the 12 months ending December 31, 2021. | |||||||||||
Protection and Affordable | ||||||||||||
Care Act for Medical Loss | Information is disclosed in accordance with U.S. Title 45: | |||||||||||
Ratio (MLR) | Public Welfare Part 158 - Issuer Use of Premium Revenue: | |||||||||||
Reporting and Rebate Requirements (U.S. 45 CFR Part 158). | ||||||||||||
HC-MC-240a.3 | Percentage of proposed rate | 100% | ||||||||||
increases receiving "not | ||||||||||||
unreasonable" designation | All of Centene's filed rate increase requests subject to | |||||||||||
from Health and Human | review as per U.S. Title 45: Public Welfare Part 154 for the | |||||||||||
Services (HHS) review or state | period of this report received "not unreasonable" | |||||||||||
review | designation from HHS or state review. | |||||||||||
HC-MC-000.A | Number of enrollees by plan | In certain instances, our data aggregation processes are | ||||||||||
type | established by line of business, as opposed to plan type, | |||||||||||
based on the nature of our business. For this metric, we | ||||||||||||
have chosen to disclose the data by line of business. See | ||||||||||||
December 31, 2021 enrollees by line of business in the 2021 | ||||||||||||
Form10-K,page 47. |
HEALTHCARE QUALITY
SASB TOPIC | SASB CODE | ACCOUNTING METRIC | CENTENE DISCLOSURE | ||||||
Plan | HC-MC-250a.1 | Average Medicare Advantage | Member Weighted Rating | ||||||
Performance | plan rating for each of the | Reporting Year 2022 | |||||||
following plan types: (1) | HMO/HMOPOS: 3.9 | ||||||||
HMO, (2) local PPO, (3) | Local PPO: 3.7 | ||||||||
regional PPO, (4) PFFS, and (5) | PFFS: 4.0 | ||||||||
SNP | |||||||||
HMO - Health Maintenance Organization Plans | |||||||||
HMOPOS - Health Maintenance Organization - Point of Sale | |||||||||
Plans | |||||||||
Local PPO - Local Preferred Provider Organization Plans | |||||||||
PFFS - Private Fee-for-Service Plans | |||||||||
HC-MC-250a.2 | Enrollee retention rate by | Please refer to MEMBERSHIP table in the 2021 Form10-K, | |||||||
plan type, including: (1) HMO, | page 47. | ||||||||
(2) local PPO, (3) regional | |||||||||
PPO, (4) PFFS, and (5) SNP | |||||||||
Improved | HC-MC-260a.1 | Percentage of enrollees in | Centene's government-sponsored Medicare Advantage, | ||||||
Outcomes | wellness programs by type: | Marketplace and Medicaid managed care plans develop and | |||||||
(1) diet and nutrition, (2) | offer a comprehensive portfolio of programs that build in | ||||||||
exercise, (3) stress | wellness aspects to advance health outcomes for Centene's | ||||||||
management, (4) mental | members. These programs leverage cutting edge clinical | ||||||||
health, (5) smoking or alcohol | guidelines, evidence-based best practices, and data science | ||||||||
cessation, or (6) other | models to support whole health for the individual based on | ||||||||
their identified needs. Strategies for preventive services | |||||||||
align with U.S. Preventive Services Task Force (USPSTF) | |||||||||
recommendations and focus on reducing the risk of | |||||||||
developing chronic conditions, addressing current | |||||||||
conditions, and promoting healthy behaviors. Services | |||||||||
provided will specifically address national priorities such as | |||||||||
smoking cessation, immunizations, and promotion of | |||||||||
healthy living through lifestyle choices. 100% of our | |||||||||
membership has access to one or more of our programs | |||||||||
through a variety of channels including an on-demand | |||||||||
health education library, telephonic and digital health | |||||||||
coaching/chronic condition management programs and | |||||||||
local partners. |
HC-MC-260a.2 Total coverage for preventive health services with no cost sharing for the enrollees, total coverage for preventive health services requiring cost- sharing by the enrollee, percentage of enrollees receiving Initial Preventive Physical Examinations (IPEE) or Annual Wellness Visits (AWV)
Centene offers health plans that are designed to include a variety of preventive health services with no member cost share. For our Commercial (including Marketplace) and Medicare Advantage members:
- Approximately $3.6 billion in claims were paid for preventive care services with no cost sharing from members.
- Approximately $1.2 billion in claims were paid for preventive care services which required some form of cost sharing from members.
- Of the total cost of coverage for members, approximately 20.6% was paid for preventive services.
HC-MC-260a.3 Number of customers receiving care from Accountable Care Organizations or enrolled in Patient-Centered Medical Home programs
133,711 total beneficiaries were attributed to Accountable Care Organizations as of December 31, 2021.
ENVIRONMENTAL IMPACTS ON HEALTH
SASB TOPIC | SASB CODE | ACCOUNTING METRIC | CENTENE DISCLOSURE | ||||||
Climate | HC-MC-450a.1 | Discussion of the strategy to | See 2022 Task Force on Climate-relatedFinancial | ||||||
Change | address the effects of climate | Disclosures Index | |||||||
Impacts | change on business | ||||||||
on Human | operations and how specific | ||||||||
Health | risks presented by changes in | ||||||||
the geographic incidence, | |||||||||
morbidity, and mortality of | |||||||||
illnesses and diseases are | |||||||||
incorporated into risk models | |||||||||
EMPLOYEE PARTNERSHIP & DEVELOPMENT | |||||||||
SASB TOPIC | SASB CODE | ACCOUNTING METRIC | CENTENE DISCLOSURE | ||||||
Workforce | SV-PS-330a.2 | (1) Voluntary and (2) | Turnover for Centene, excluding International (which | ||||||
Diversity & | involuntary turnover rate for | represents approximately 20% of the Enterprise): 20.4% in | |||||||
Engagement | employees | total, 18.2% voluntary and 2.2% involuntary (excluding | |||||||
reductions in force) | |||||||||
SV-PS-330a.3 | Employee engagement as a | 86% in Spring 2021 Pulse Survey | |||||||
percentage | 81% in Fall 2021 Pulse Survey |
Centene is in continual dialogue with our employees through "Shaping Centene," a series of ongoing, enterprise- wide employee surveys that seek our employees' sentiment on a variety of topics, including company culture, people leadership effectiveness, and our approach to a diverse, equitable and inclusive workplace. Our company is continually evolving, and acting on feedback from our employees strengthens our culture of engagement and creates an environment where all employees feel valued and heard. Centene's employee engagement survey was administered by Perceptyx. The Engagement Index was calculated based on the responses to four engagement questions from the survey. The numerator is the total count of favorable responses ("Strongly Agree" or "Agree") across all four questions. The denominator is the total count of valid responses across all four questions. Overall engagement represents the percent of responses that were favorable out of all responses received across the four engagement questions.
Additional information regarding our employee engagement survey is available on page 29 of our 2021 C-Index Diversity, Equity & Inclusion report: CenteneC-Index
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Centene Corporation published this content on 29 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2022 23:33:01 UTC.