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Fortune

Marco Quiroz-Gutierrez

America's biggest Medicaid insurer just pledged to help build nearly $1 billion of affordable housing: 'We know 80% of what drives health is non-medical'

America Sarah London United States Medicaid Centene

(Credit: Stuart Isett/Fortune)

The nation’s largest Medicaid insurer is pledging to help build nearly $1 billion worth of affordable housing in eight states as it moves to address one of the biggest determinants of health.

Speaking at Fortune’s Brainstorm Health conference Monday, Centene CEO Sarah London said that the Centene Foundation—the insurer's philanthropic arm—struck a multi-year partnership with affordable housing developer McCormack Baron Salazar to provide below-market loans for housing units.

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