WellCare Health Plans, Inc.
| New York Stock Exchange: WCG
WellCare Health Plans, Inc. provides managed care services which are targeted to government sponsored health care programs, focusing on Medicaid and Medicare. It offers health plans for families, children, and the aged, blind, and disabled, as well as prescription drug plans. The company operates its business through three segments: Medicaid, Medicare Advantage and Medicare prescription drug plan. The Medicaid segment offers medical assistance to low-income and disabled persons. It also includes operations to provide health care services to recipients that are eligible for state supported programs, including Medicaid and children's health programs. The Medicare Advantage segment includes federal programs that provide eligible persons and some disabled persons a variety of hospital, medical and prescription drug benefits. The Medicare prescription drug plan segment offers stand-alone Medicare Part D coverage to Medicare-eligible beneficiaries. The company was founded in May 1992 and is headquartered in Tampa, FL.