WellCare Health Plans, Inc. · Tampa, FL United States ·(NYSE: WCG)
Company Description
Phone: 813-290-6200
Fax: 813-262-2802
Rankings
- #381 in FORTUNE 500
- S&P 400
View WellCare Health Plans, Inc. Locations On A US Map
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This link will open in a new window WellCare Health Plans provides managed-care administrative services to government-funded health care programs that provide health care benefits via Medicaid, Medicare, and various State Children's Health Insurance Programs (SCHIPS). Services include benefits management, claims processing, and other services. The company's Medicare prescription-drug plan and Medicare Advantage care plans operate primarily under the WellCare brand. WellCare Health Plans administers its Medicaid plans under various brands such as Staywell and HealthEase in Florida; WellCare in Georgia, New York, and Ohio; and Harmony in Illinois and Missouri. WellCare serves 2.5 million members nationwide. To read the full description, subscribe now.
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Key WellCare Health Plans, Inc. Financials
| Company Type | Public - NYSE: WCG Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $6,521.9 |
| 2008 Employees | 4,100 |
WellCare Health Plans, Inc. Executives
34 executives listed for WellCare Health Plans, Inc.'s Tampa, FL location.
| Title | Name & Bio | Contact |
| Chairman | Charles Berg | Network |
| Vice Chairman | Thomas O'Neil | Network |
| President, CEO, and Director | Heath Schiesser | Network |
Competition
Competitive Landscape for WellCare Health Plans, Inc.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top WellCare Health Plans, Inc. Competitors
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