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WellCare
Latest Headlines
Latest Headlines
Booming Medicare business could make Humana an acquisition target
A growth in Medicare and Medicaid business could make insurers such as Humana attractive acquisition targets in the coming months, according to Bloomberg Business.
Medicare Advantage ratings hurt insurers with dual-eligible members
WellCare is calling out the Centers for Medicare & Medicaid Services for creating unfair Medicare Advantage ratings that put insurers with a high proportion of dual-eligible members at a disadvantage.
Membership limits prompt Aetna to sell Medicaid plan
Aetna is selling its Medicaid business in Missouri to WellCare to help meet stipulations established under its proposed $5.7 billion acquisition of Coventry Health Care.
WellCare to buy UnitedHealth Medicaid unit as earnings drop 57%
WellCare has reached an agreement with UnitedHealthcare to buy its South Carolina Medicaid unit, the former announced yesterday.
Does Aetna-Coventry deal signal end of M&A activity?
The merger between Aetna and Coventry, which was just announced Monday, may be one of the last big deals where major insurers acquire smaller Medicare- and Medicaid-focused companies.
M&As rise after WellPoint-Amerigroup deal
WellPoint's announcement that it was investing $4.9 billion to buy Medicaid insurer Amerigroup--the highest premium paid for a managed care company in 15 years--may be indicative of similar deals popping up throughout the industry
WellCare says it's changed since $138M fraud settlement
WellCare officials say the now competent, ethical company is submitting a contracting bid with the Fla. Medicaid program after tge Department of Justice's allegations that the insurer overcharged Medicare and Medicaid by about $46 million.
WellCare to pay $138M in Medicare fraud settlement
WellCare's settlement with the Department of Justice over allegations that the Tampa-based insurer overcharged Medicare by about $46 million finally has gone into effect, reported the Tampa Bay
Health Insurers, HMOs fined for prompt pay violations in New York
Twenty health insurers and health maintenance organizations (HMOs) have been fined a total of $716,800 by the New York State Insurance Department for not repaying healthcare providers in a timely
Online marketing heats up, but some insurers go old school
Health insurers are increasingly turning to online marketing opportunities, including social media, to attract new members--and retain existing members by improving member satisfaction. On the other
