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Wellcare Health Plans



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+Vote!

WellCare Health Plans, Inc.: Mad About Options

The Mad About Options crew reviews recent comments on WellCare Health Plans - Ticker WCG - and offers options strategies for traders and investors.

3Vote!

WellCare turns quarter from red to black

WellCare Health Plans Inc. turned a profit in the third quarter, due in part to lower medical and general expenses.

3Vote!

WellCare back in the black, resumes Medicare marketing

WellCare Health Plans Inc. reported net income of $28.7 million, or 68 cents a share, for the third quarter of 2009, compared with a net loss of $18.2 million, or 44 cents a share, for the third quarter of 2008. (WCG)

3Vote!

WellCare Reports Third Quarter 2009 Results

TAMPA, Fla.--(BUSINESS WIRE)--WellCare Health Plans, Inc. (NYSE: WCG) today reported results for the third quarter and nine months ended September 30, 2009. As determined under generally accepted accounting principles (“GAAP”), the Company reported net income of $28.7 million, or $0.68 per diluted share, for the third quarter 2009, compared with a net loss of $18.2 million, or $0.44 per...

3Vote!

WellCare To Resume Medicare Marketing and Sales

TAMPA, Fla.--(BUSINESS WIRE)--WellCare Health Plans, Inc. (NYSE: WCG) today announced that the Centers for Medicare & Medicaid Services (“CMS”) released the Company from the previously disclosed sanctions, except as noted below. The Company will resume marketing its Medicare Prescription Drug Plans and Medicare Advantage coordinated care plans over the coming days. The enrollments will...

3Vote!

King-Shaw steps down, Dr. Glen Steele steps up at WellCare

Dr. Glen Steele Jr., the president and chief executive of Geisinger Health System, was appointed to the board of directors of WellCare Health Plans Inc. (WCG)

3Vote!

WellCare Appoints Glenn D. Steele Jr., M.D., Ph.D. to Board of Directors

TAMPA, Fla.--(BUSINESS WIRE)--WellCare Health Plans, Inc. (NYSE: WCG) today announced that Glenn D. Steele Jr., M.D., Ph.D., president and chief executive officer of Geisinger Health System, has been appointed to the Company’s Board of Directors. The Board also appointed Dr. Steele to serve on its Health Care Quality and Access and Regulatory Compliance Committees. “We are pleased to welcome...

3Vote!

Magellan Health Services quarterly profit up 42%

LONDON (MarketWatch) -- Magellan Health Services said Friday that third-quarter net income rose to $31.0 million, or 88 cents a share, from $21.9 million, or 58 cents a share, a year ago. Revenue rose to $667.6 million, from $656.5 million last year. Analysts had been expecting earnings per share of 66 cents on revenue of $672.5 million, according to data compiled by FactSet. The firm said that the...

3Vote!

Magellen Health Services quarterly profit up 42%

LONDON (MarketWatch) -- Magellen Health Services said that third-quarter net income rose to $31.0 million, or 88 cents a share, from $21.9 million, or 58 cents a share, a year ago. Revenue rose to $667.6 million, from $656.5 million last year. Analysts had been expecting earnings per share of 66 cents on revenue of $672.5 million according to data compiled by FactSet. The firm said that the results...

3Vote!

WellCare Names Scott D. Law Senior Vice President, Health Care Delivery

TAMPA, Fla.--(BUSINESS WIRE)--WellCare Health Plans, Inc. (NYSE: WCG) today announced that Scott D. Law, formerly national health care delivery officer for Health Net, Inc., has joined the Company as senior vice president, health care delivery, effective October 28, 2009. In his role, Mr. Law will lead WellCare’s pharmacy, quality management, care management, and network management functions....

3Vote!

Financial Shares Face Greater Skepticism, Weighing On Averages

The major averages ended mixed on Tuesday causing the S&P 500 Index to snap a 6-day winning streak. Volume expanded versus the prior session, however the benchmark index's loss was so slight that it barely amounted to a distribution day of any concern. Decliners led advancers by about a 4-to-3 ratio ratio on the NYSE and on the Nasdaq exchange. Financial shares created a drag on the major averages...

3Vote!

Health insurers join for pilot program

Eight health insurers, including WellCare Health Plans Inc. of Tampa, have joined in a one-year pilot program to create an online portal for physicians’ offices to file and follow claims. (AET) (CI) (HUM) (UNH) (WCG)

4Vote!

WellCare To Cover H1N1 Vaccine Administration Costs For Medicaid And Medicare Advantage Members

WellCare Health Plans, Inc. (NYSE: WCG) announced it will cover the full cost of administration of the H1N1 vaccine as a preventative care benefit for Medicare Advantage, Medicare private fee-for-service (PFFS) and Medicaid plan members when it becomes available to the public. WellCare is also continuing its coverage of seasonal flu vaccine administration for members. Members will not be required to...

3Vote!

WellCare to Report Third Quarter 2009 Results on November 4

TAMPA, Fla.--(BUSINESS WIRE)--WellCare Health Plans, Inc. (NYSE:WCG) will report on Wednesday, November 4, 2009, at 6:30 a.m. Eastern Time its results for the quarter ended September 30, 2009. Beginning at 8:30 a.m. Eastern Time the same day, Heath Schiesser, WellCare’s president and chief executive officer, will lead a discussion about these results. The discussion will be webcast live via the...

3Vote!

WellCare, CEO Heath Schiesser come to terms on separation

Heath Schiesser, president and chief executive officer of WellCare Health Plans Inc., is in line for a $2 million payment when he steps down at the end of this year. (WCG)