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Payer

Centene reported nearly $1.1 billion in net income in the second quarter and a more than 18% decrease in Medicaid membership year over year, according to its second-quarter earnings posted July 26.

A federal court in Illinois has sentenced the owner and CEO of a Hollywood, Fla.-based company to 25 years in prison for selling limited indemnity health plans as if they were full coverage plans using false and deceptive practices.

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Cigna's board of directors declared a $1.40 per share cash dividend to be paid on Sept. 19. 

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