CNC
Americanabbreviation
Etymology
Origin of CNC
First recorded in 1965–70
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In healthcare, managed-care giants such as UnitedHealth Group UNH 1.03%increase; green up pointing triangle , Centene CNC -1.48%decrease; red down pointing triangle and Humana HUM -1.54%decrease; red down pointing triangle are caught between relentless government pressure to curb healthcare spending and a surge in medical costs.
Centene CNC -2.54%decrease; red down pointing triangle swung to a fourth-quarter loss despite logging higher revenue, as the company continues working to restore profitability and stabilize its Medicaid business.
Shares of the nation’s largest health insurers such as UnitedHealth Group UNH -1.01%decrease; red down pointing triangle and Centene CNC -0.47%decrease; red down pointing triangle , meanwhile, have languished.
Centene CNC 0.12%increase; green up pointing triangle swung to a third-quarter loss after it booked a multibillion dollar writedown and as enrollees in Affordable Care Act plans sought out more costly medical care, the latest evidence of health insurers’ struggles to regain their former profitability.
This explains why Centene CNC -1.04%decrease; red down pointing triangle and Molina Healthcare MOH 2.18%increase; green up pointing triangle shares were sharply lower this year, before partly rebounding in recent weeks.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.