Wellcare Executive Summary

WellCare Health Plans, Inc. (WellCare) began operations in 1985 and is based in Tampa, Florida. WellCare is a managed care company for government-sponsored health care coverage with a focus on Medicaid and Medicare programs (Reuters, 2015). WellCare employs over 6100 associates. Staywell, HealthEase, Harmony, and 'Ohana are subsidiaries of WellCare. The Company offers a range of managed care health plans for families, children, and the aged, blind and disabled, as well as prescription drug plans (Reuters, 2015). The Company operates in three divisions: Medicaid Health Plans, Medicare Health Plans and Medicare Prescription Drug Plans (PDPs) (Reuters, 2015). WellCare and its subsidiaries served roughly 4.1 million members in 49 states including the District of Columbia (Reuters, 2015).
WellCare also, offers Medicare Advantage (MA) plans in a few counties in 9 additional states (Arizona, Arkansas, California, Connecticut, Louisiana, Missouri, Ohio, Tennessee and Texas) (Reuters, 2015). WellCare also offered stand-alone Medicare PDPs in around 49 states and the District of Columbia (Reuters, 2015). The Company’s Medicaid Health Plans also has “products” or “ plans” for other government funded programs such as: Temporary Assistance for Needy Families (TANF), Supplemental Security Income (SSI), Aged Blind and Disabled (ABD) (Reuters, 2015). WellCare’s Medicaid plans provide its members with access to a host of medical benefits from primary care and preventive programs to full hospitalization and long-term care. These recipients do not pay any premiums, deductibles or co-payments for these health