Superior HealthPlan and Centene Foundation Make $400,000 Investment to Help Tackle Food Insecurity in Texas
Rhea-AI Summary
Centene (NYSE: CNC) and Superior HealthPlan announced a $400,000 investment on Nov. 6, 2025 to support food security in Texas by funding 9 food banks. The funding targets communities facing heightened need after recent SNAP and WIC disruptions; USDA figures cited include 47.4 million people and 13.8 million children facing food insecurity nationwide. This gift is part of a broader $1.5 million Centene Foundation commitment to food banks and community groups, complementing Centene's 2024 spending of $77.1 million on food-security programs and the company’s nutrition interventions across most Medicaid plans.
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News Market Reaction
On the day this news was published, CNC gained 0.71%, reflecting a mild positive market reaction.
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Investment strengthens community food resources for families struggling to access healthy meals
The
"For more than 25 years, Superior HealthPlan has been committed to serving families in
These food banks will receive funding as part of this initiative:
- Central Texas Food Bank,
Austin - Coastal Bend Food Bank,
Corpus Christi - East Texas Food Bank, Tyler
- El Pasoans Fighting Hunger,
El Paso - Food Bank of the Rio Grande Valley, Pharr
- Houston Food Bank,
Houston - San Antonio Food Bank,
San Antonio - South Plains Food Bank,
Lubbock - South Texas Food Bank,
Laredo
This investment is part of a
"Families across the country are facing unprecedented challenges as essential nutrition programs experience strain and demand for food assistance continues to rise. Local organizations have been working tirelessly to meet these needs, and this emergency funding will strengthen their efforts — helping ensure that children and families most at risk have access to healthy meals during this critical time," said Centene's Chief Health Officer Alice Chen. "Access to nutritious food is foundational to good health, and sustained investment in these programs is essential to improving long-term outcomes for vulnerable communities."
Centene has long championed the fight against food insecurity. With more than
In 2024, Centene invested
These investments reflect Centene's broader mission to transform community health through locally driven solutions, addressing drivers like access to nutritious food and promoting long-term sustainability by integrating food access with healthcare services.
About Superior HealthPlan
For more than 25 years, Superior HealthPlan has offered high-quality health care to Texans, and is now a leading managed care company providing services to 2 million people. Committed to transforming the health of the communities we serve, one person at a time, Superior supports active local involvement in all 254
About Centene Foundation
The Centene Foundation (the "Foundation"), a private nonprofit focused on investing in economically challenged communities, is the philanthropic arm of Centene Corporation (NYSE: CNC) ("Centene"). The Foundation supports projects and initiatives strategically aligned with Centene's mission-driven culture and enhances the work Centene is doing to remove the barriers to wellness underserved and low-income populations face. The Foundation is committed to addressing drivers of health and improving health equity in three distinct areas of focus: healthcare, social services and education. To learn more, visit the Centene Foundation's website.
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SOURCE Superior HealthPlan