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Wellcare Health Plans Inc

 
Hoover's Profile: WellCare Health Plans, Inc.
 
(NYSE:WCG)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
WellCare Health Plans, Inc.
8725 Henderson Rd., Renaissance 1
Tampa, FL 33634
FL Tel. 813-290-6200
Fax 813-262-2802

Type: Public
On the web: http://www.wellcare.com
Employees: 4,100
Employee growth: 5.1%

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.

Key numbers for fiscal year ending December, 2008:
Sales: $6,521.9M
One year growth: 21.0%
Net income: ($36.8)M

Officers:
Chairman: Charles G. (Chuck) Berg
President, CEO and Director: Heath G. Schiesser
COO: Rex M. Adams

Competitors:
AMERIGROUP
Centene
Coventry Health Care

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