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Blue Chip Growth

Stock Report: "WellCare Health Plans, Inc." (WCG) Report Updated: Jul 28, 2014 | Print This Page

Get more stock ratings by Louis Navellier

"WellCare Health Plans, Inc." (WCG)

Rating: Hold Volatility: Conservative
Total Grade: C Industry: Health Care Providers & Services
Competitors: MCK, KND, CAH, SEM

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: C down downgrade
Last Week: B same downgrade
Two Weeks Ago: A up no change
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"WellCare Health Plans, Inc."© quotemedia

Company Profile

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs in the United States. The company offers Medicaid plans, including plans for beneficiaries of Temporary Assistance for Needy Families (TANF) programs; Supplemental Security Income (SSI) programs; and ABD programs and state-based programs, such as Children’s Health Insurance Programs (CHIP) and Family Health Plus (FHP) programs for qualifying families who are not eligible for Medicaid. The TANF program provides assistance to low-income families with children; and ABD and SSI programs provide assistance to low-income aged, blind, or disabled individuals. It also provides Medicare, a federal health insurance program; Medicare Advantage, a Medicare’s managed care alternative to original Medicare that provides individuals standard Medicare benefits directly through Centers for Medicare & Medicaid Services; and coordinated care plans, which are administered through health maintenance organizations and require members to seek health care services and select a primary care physician from a network of health care providers. In addition, the company provides prescription drug plans comprising the Medicare Part D program that offers national in-network prescription drug coverage to Medicare-eligible beneficiaries. As of December 31, 2011, it served approximately 2,562,000 members. WellCare Health Plans, Inc. was founded in 1985 and is headquartered in Tampa, Florida.

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