Annual report pursuant to Section 13 and 15(d)

Segment Information

v2.4.0.8
Segment Information
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment Information
Segment Information

Centene operates in two segments: Managed Care and Specialty Services.  The 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 auxiliary healthcare services and products. The health plan in Massachusetts, operated by our individual health insurance business, is 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.

In January 2013, the Company reclassified the health plan in Arizona, which is primarily a LTC operation, to the Managed Care segment. As a result, the financial results of the Arizona health plan have been reclassified from the Specialty Services segment to the Managed Care segment for all periods presented.

Segment information as of and for the year ended December 31, 2013, follows:
 

Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Premium and service revenues from external customers
$
9,740,720

 
$
785,320

 
$

 
$
10,526,040

Premium and service revenues from internal customers
41,094

 
2,147,200

 
(2,188,294
)
 

Total premium and service revenues
9,781,814

 
2,932,520

 
(2,188,294
)
 
10,526,040

Earnings from operations
197,844

 
79,573

 

 
277,417

Total assets
2,817,519

 
595,964

 

 
3,413,483


Segment information as of and for the year ended December 31, 2012, follows:
 

Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Premium and service revenues from external customers
$
7,124,720

 
$
556,911

 
$

 
$
7,681,631

Premium and service revenues from internal customers
87,319

 
1,550,096

 
(1,637,415
)
 

Total premium and service revenues
7,212,039

 
2,107,007

 
(1,637,415
)
 
7,681,631

Earnings from operations
62,867

 
45,099

 

 
107,966

Total assets
2,163,347

 
371,265

 

 
2,534,612


Segment information as of and for the year ended December 31, 2011, follows:
 

Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Premium and service revenues from external customers
$
4,571,430

 
$
480,472

 
$

 
$
5,051,902

Premium and service revenues from internal customers
64,809

 
710,002

 
(774,811
)
 

Total premium and service revenues
4,636,239

 
1,190,474

 
(774,811
)
 
5,051,902

Earnings from operations
161,890

 
41,913

 

 
203,803

Total assets
1,709,271

 
383,259

 

 
2,092,530