Garrett by trade is a personal finance freelance writer and journalist. Michael F. Neidorff was an American business entrepreneur who served as the CEO of Centene Corporation from 1996 until March 2022. He was 79. Michael Neidorff joined Centene as CEO in 1996 and led the company in its remarkable trajectory from a $40 million single health plan to a multinational $125 billion health care enterprise serving 25 million members. Neidorff got $4.7 million in bonuses in 2020, bringing his total annual profits to $24.96 million while laying off 3000 employees. Mr. Neidorff expanded aggressively into the Medicaid market, despite concerns about whether it would be a successful venture. Michael made diversity and inclusion a central focus of his leadership, building an international corporation where women, people of color, LGBTQ, veterans, and people with disabilities all have opportunities to lead and excel. Michael Neidorff, Neomi's husband, had taken a medical leave of absence and had been promoted to executive chairman until 2022. To be effective, boosters should target variants widely different from COVID-19 virus's original strain. Robert C. Packman and Dr. John S. Daniels are pillars of the St. Louis medical community, and these professorships will ensure their commitment to excellence in their respective fields is continued for generations.. As a result of this acquisition, Centene became the largest Medicaid managed-care provider in the United States. When the Affordable Care Act provided an opportunity to sell low-cost private insurance through the state markets set up by the federal government, Mr. Ditmore recalled, Mr. Neidorff was eager to become a major player, despite uncertainty about how insurers should price their policies in the new market. Michael F. Neidorff Age, Family, and Early Life - Net Worth Birthday Michael F. Neidorff, who built the Centene Corporation from a small Milwaukee health plan into the nations largest insurer for the governments Medicaid program and a stalwart of the Obamacare markets, died on April 7 in St. Louis. While it is difficult to put into words the immeasurable impact he has had on this company and the members whose health has been transformed, and the communities that have been served, on behalf of all the Board at Centene we are immensely grateful and proud of the work Michael has inspired and delivered as our CEO. As part of the collaboration, Centene committed to funding of up to $100 million over 10 years in research at the School of Medicine.
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