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Humana's first-quarter profit of $368 million beat analyst expectations but still dropped 22 percent from last year's first quarter of $473 million, partly due to marketing expenses and investments related to new products.
WellCare Health Plans, which has 2.8 million members, is looking for a new CEO to help grow its Medicaid and Medicare managed care businesses.
A jury convicted WellCare's former CEO Todd Farha and ex-CFO Paul Behrens of two counts of healthcare fraud, Bloomberg reported.
WellCare Health Plans in Tampa, Fla., has reached a preliminary deal with the civil divisions of the U.S. Department of Justice and the U.S. Attorney's Offices for the Middle District of Florida and
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