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WellCare Selected To Provide Medicaid Services In Seven of Eleven Florida Regions
This award will give WellCare the opportunity to serve Floridians eligible to participate in the MMA program who live in Regions 2, 3, 5, 6, 7, 8 and 11. These regions include the Tallahassee, Tampa, St. Petersburg, Orlando and Miami metropolitan areas. Approximately 2.2 million Medicaid beneficiaries are expected to enroll in the Florida MMA program in the regions WellCare was recommended to serve.
“WellCare is pleased to continue its strong, long-standing partnership with the state of Florida to provide quality, cost-effective health care solutions to the neediest Floridians,”
“We will be offering a new model of care that effectively coordinates benefits and enhances member services for the state’s most vulnerable populations,”
As of June 30, 2013, WellCare serves approximately 394,000 Medicaid members, 84,000 Florida Healthy Kids members, 79,000 Medicare Advantage plan members and 39,000 Medicare Prescription Drug Plan members in Florida.
About WellCare Health Plans, Inc.
WellCare Health Plans, Inc. provides managed care services targeted to government-sponsored health care programs, focusing on Medicaid and Medicare. Headquartered in Tampa, Fla., WellCare offers a variety of health plans for families, children, and the aged, blind, and disabled, as well as prescription drug plans. The company serves approximately 2.8 million members nationwide as of June 30, 2013. For more information about WellCare, please visit the company's website at www.wellcare.com.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains "forward-looking"
Additional information concerning these and other important risks and uncertainties can be found under the captions "Forward-Looking Statements" and "Risk Factors" in the company's Annual Report on Form 10-K for the year ended December 31, 2012, the company's Quarterly Report on Form 10-Q for the period ended June 30, 2013 and other subsequent filings by WellCare with the U.S. Securities and Exchange Commission, which contain discussions of WellCare's business and the various factors that may affect it. WellCare undertakes no duty to update these forward-looking statements to reflect any future events, developments, or otherwise.