WellCare FBI Raid Stock Dips
WellCare Health Plans Inc. was raided by the feds and other agencies. WellCare Health Plans Inc. WellCare Health Plans, Inc. NYSE: WCG began operations in 1985 and is based out of Tampa, Florida. Regional offices of WellCare Health Plans Inc. are located in Miami, Florida; Manhattan, New York; North Haven, Connecticut; Baton Rouge, Louisiana; Marietta, Georgia; and Chicago, Illinois.
The Wellcare Group is the holding company for several subsidiaries, including WellCare, Staywell, HealthEase, Harmony and PreferredOne. WellCare Health Plans Inc. has approximately 2,500 associates, over 20,000 physician partners in its WellCare network and a membership of more
than 855,000. Currently, it exists as 1 of 10 health plans offering Medicare Prescription Drug Plans (PDPs) nationally.
If you own WellCare stock get ready for the hit. WellCare is a provider of managed care for government-sponsored healthcare programs. WellCare shares fell 5.5% to $115.50.
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