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Centene10-K: Compliance burden

Inflation Reduction Act forces major changes to Medicare Part D plans starting 2025

What happened

The IRA's elimination of the coverage gap and cap on out-of-pocket costs requires Centene to redesign its Medicare Part D products, creating significant financial and operational challenges to manage increased costs and maintain profitability.

Source

SEC EDGARFeb 17, 2026

Annual report (Form 10-K)

Centene 10-K for FY2025

Filing excerpt

The Inflation Reduction Act (IRA) significantly changed Medicare Part D, impacting stand-alone Medicare PDPs as well as the Part D benefit in many of our Medicare Advantage plans beginning in 2025, most notably by eliminating the coverage gap and capping members' annual out-of-pocket costs...

sec.gov/Archives/edgar/data/1071739/000107173926000049/cnc-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Compliance burden

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 17, 2026

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The full record

From the Signal API record

Details

CIK
1071739
Accession number
0001071739-26-000049
Timeframe
Current year
Filing year
2026
Why it matters
GRC tools needed
Signal category
Risk

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
complianceBurden

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/ce176556-b856-40b7-8109-cba9c88243d1 returns this record as JSON. POST /v1/companies/enrich returns every signal for centene.com.

{
  "signal_id": "ce176556-b856-40b7-8109-cba9c88243d1",
  "signal_type": "sec-10k",
  "signal_subtype": "complianceBurden",
  "detected_at": "2026-02-24T09:29:03.307+00:00",
  "company": {
    "name": "Centene",
    "domain": "centene.com"
  },
  "data": {
    "detail": "The IRA's elimination of the coverage gap and cap on out-of-pocket costs requires Centene to redesign its Medicare Part D products, creating significant financial and operational challenges to manage increased costs and maintain profitability.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Inflation Reduction Act forces major changes to Medicare Part D plans starting 2025",
    "excerpts": "The Inflation Reduction Act (IRA) significantly changed Medicare Part D, impacting stand-alone Medicare PDPs as well as the Part D benefit in many of our Medicare Advantage plans beginning in 2025, most notably by eliminating the coverage gap and capping members' annual out-of-pocket costs...",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1071739/000107173926000049/cnc-20251231.htm",
    "filing_date": "2026-02-17",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "GRC tools needed",
    "signal_category": "risk"
  }
}

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