Federal rules force $1B in customer rebates for Missouri’s biggest health insurer

Federal rules force customer rebates for Missouri’s biggest health insurer

The refunds to Missourians will be among the largest in the state since 2012.

Federal rules force $1B in customer rebates for Missouri’s biggest health insurer

Centene Corp. headquarters in Clayton (photo from Google Maps).Missouri’s biggest individual insurer must rebate more money to policyholders in the state than all insurers nationwide have in either of the past two years because it spent too little on care and too much on administration. Ambetter from Home State Health, a subsidiary of Clayton-based Centene Corporation, is mailing checks totaling more than $1 billion to customers in Missouri beca…