Centene to acquire the Celtic Health Insurance Company

            The Centene Corporation has agreed to purchase Celtic Group, Inc. for the price of $80 million. The Celtic Health Insurance Company  is a privately owned company that provides nationwide health insurance coverage (except New York). Celtic’s nationwide health insurance offerings will give Centene a competitive advantage to partner up with states to manage healthcare costs.

            The Centene Corporation serves Arizona, Georgia, Indiana, New Jersey, Ohio, South Carolina, Texas, and Wisconsin with healthcare programs geared to benefit the uninsured. A publicly traded company, Centene is a leader in the multi-line healthcare industry for providing benefits to individuals who receive benefits under Medicaid, State Children’s Health Insurance Program (SCHIP), and Supplemental Security Income (SSI).

            The acquisition will not change much for Celtic's customers and employees. Celtic’s President and Chief Executive Officer (CEO) Frederick Manning will retain his current positions and will also become Centene’s newest Executive Vice President.

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Comments

  • 4/12/2008 3:57 PM zamir wrote:
    Dear Sir,Madam
    Hi


    We are a gay couple from Israel planning to have twins
    by surrogacy in San Diego CA
    We have no idea how to get insurance for the newborn twins
    ?Can you help us please to find insurance for the surrogacy newborn twins from moment of birth


    Sincerely
    Zamir and Yoav
    Reply to this
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