Annual report pursuant to Section 13 and 15(d)

Segment Information

v2.4.0.6
Segment Information
 12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Segment Information
Segment Information

Centene operates in two segments: Medicaid Managed Care and Specialty Services.  The Medicaid Managed Care segment consists of Centene’s health plans including all of the functions needed to operate them.  The Specialty Services segment consists of Centene’s specialty companies offering products for behavioral health, care management software, health insurance exchanges, individual health insurance, life and health management, LTC, managed vision, telehealth services, and pharmacy benefits management.  The health plans in Arizona, operated by our LTC company, and Massachusetts, operated by our individual health insurance provider, are also included in the Specialty Services segment.

Factors used in determining the reportable business segments include the nature of operating activities, existence of separate senior management teams, and the type of information presented to the Company's chief operating decision maker to evaluate all results of operations.

Segment information as of and for the year ended December 31, 2012, follows:
 
Medicaid
Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Premium and service revenues from external customers
$
7,394,173

 
$
844,774

 
$
—

 
$
8,238,947

Premium and service revenues from internal customers
89,143

 
1,706,161

 
(1,795,304
)
 
—

Total premium and service revenues
7,483,316

 
2,550,935

 
(1,795,304
)
 
8,238,947

Earnings from operations
(83,189
)
 
56,068

 
—

 
(27,121
)
Total assets
2,365,651

 
376,031

 
—

 
2,741,682


Segment information as of and for the year ended December 31, 2011, follows:
 
Medicaid
Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Premium and service revenues from external customers
$
4,450,336

 
$
730,671

 
$
—

 
$
5,181,007

Premium and service revenues from internal customers
65,215

 
753,596

 
(818,811
)
 
—

Total premium and service revenues
4,515,551

 
1,484,267

 
(818,811
)
 
5,181,007

Earnings from operations
152,995

 
37,329

 
—

 
190,324

Total assets
1,754,108

 
436,228

 
—

 
2,190,336


Segment information as of and for the year ended December 31, 2010, follows:
 
Medicaid
Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Premium and service revenues from external customers
$
3,679,807

 
$
604,026

 
$
—

 
$
4,283,833

Premium and service revenues from internal customers
60,676

 
508,157

 
(568,833
)
 
—

Total premium and service revenues
3,740,483

 
1,112,183

 
(568,833
)
 
4,283,833

Earnings from operations
117,106

 
39,963

 
—

 
157,069

Total assets
1,552,886

 
390,996

 
—

 
1,943,882