Nevada officials chose St. Louis-based Centene to service the state's Medicaid beneficiaries effective July, pending regulatory approval.
Upon completion of a readiness review, Centene's subsidiary — Silver Summit Health Plan — will undertake a four-year agreement to administer Nevada's Medicaid managed care program in Clark and Washoe counties. The health insurer may be eligible for two additional one-year extensions.
Silver Summit also plans to offer an ACA marketplace plan in Clark and Washoe counties in 2018.
"We are pleased to be selected to serve Medicaid beneficiaries in Nevada, which will be Centene's 29th state with health plan operations," Michael Neidorff, chairman, president and CEO for Centene, said in a prepared statement.
Nevada's Medicaid program has 400,000 enrollees.
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