Thread regarding Centene Corp. layoffs

Fraud, Waste & Audacity

As always, I’m here to point out hypocrisy as it relates to Centene and give other POVs than praising the stock price. Here’s another one to chew on, Centene is VERY concerned about fraud, waste, and abuse, which is rich.

Texas: $165.6 million settlement
CMS: $2 million penalty
CMS again: $380,785 penalty

And now Centene wants to lecture the industry about protecting taxpayer dollars. Accountability. Audacity with a compliance department.

Pretty ballsy to call yourself the watchdog when your own name keeps showing up in the enforcement paperwork.

#Compliance #Accountability #Ethics #Penalty
by NoCenteam
| 82 views | | 9 replies (last September 30) | Reply
Post ID: @OP+1m3mk11gd
Comment! It's anonymous!

9 replies (most recent on top)

@f8 Absolute worst leadership ever. Not only do they not know how to lead, they don’t care about the department.

by Anonymous
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Post ID: @fs+1m3mk11gd

@OP Centene's FWA leaders and the cronies they've hired are the most unscrupulous leaders of them all. Many within compliance have voiced concerns, but have gotten nowhere. Unethical, dishonest, fraudulent leadership is apparently rewarded here.

by Anonymous
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Post ID: @f8+1m3mk11gd

@dx I can say this, however. Somehow, the ultra wealthy will ride the wave to as high as the stock wave will go and then somehow manage”to know” just the right time to get out, to sell their shares, right before the bubble pops, while to common-man low level shareholders will be left to lose everything. Funny how that seems to work! Almost as though they had an early look.

by Anonymous
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Post ID: @e2+1m3mk11gd

@aq Yeah, so if you go back and look at financial history in regards to bubbles that collapsed in specific industries, we have had a gasoline bubble (in 70’s think Carter), we have had a .com technology bubble, a mortgage bubble, and now were are gearing up for a health insurance (or maybe healthcare) bubble collapse.

In all honesty, I don’t know enough about how markets and federal reserve work to fully understand how these bubbles produce any advantage to our government, our GDP, inflation, and all that. But I am sure there are experts that do.

by Anonymous
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Post ID: @dx+1m3mk11gd

@OP I have a strong feeling I know why they are pulling this cr-p...If/ when and once a federal investigation is done you will know as you seem like an intelligent person. You will put two and two together.

by Anonymous
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Post ID: @dv+1m3mk11gd

@aq Amen 💯!

by Anonymous
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Post ID: @b0+1m3mk11gd

@aq Agree. It will be even worse than that whole mortgage scandal with Countrywide Financial, Fannie Mae, Freddie Mac!

Someday, we will be watching a several hour Frontline expose on all 5 of the Major For-Profit Health Insurance corporations.

I hope some, if not all, the CEOs go to prison!

by Anonymous
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Post ID: @ax+1m3mk11gd

Someday the American people will figure it out and it will be ugly. It's not Just the DNC just the GOP. It is the American Government allowing a legal racket to profit trillions from our tax dollars that are allocated to healthcare. As it stands, I can’t even get the people who work her to understand we are sc--wing ourselves.

by Anonymous
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Post ID: @aq+1m3mk11gd

OP is missing tons of fines. It’s in the billions

by Anonymous
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Post ID: @ap+1m3mk11gd

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