WellCare Health Plans, Inc.
8725 Henderson Road
Renaissance One
Tampa,
FL 33634
Phone: 813-290-6200
Web Site: http://www.wellcare.com
| WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs in the United States. The company offers Medicaid and Medicare plans, including health plans for families, children, aged, blind, and disabled, as well as prescription drug plans. Its Medicaid plans include plans for individuals who are dually eligible for Medicare and Medicaid; and beneficiaries of the Temporary Assistance to Needy Families program (TANF), Supplemental Security Income Program (SSI), State Childrens Health Insurance program (S-CHIP), and the Family Health Plus program (FHP). The TANF program provides assistance to low-income families with children; the SSI program offers assistance to low-income aged, blind, and disabled individuals; and the S-CHIP and FHP programs provides assistance for families not eligible for Medicaid. Its Medicare plans include stand-alone prescription drug plans; and Medicare Advantage plans comprising coordinated care plan (CCP), preferred provider organization plan (PPO), and private fee-for-service plan (PFFS). The Medicare Advantage is Medicares managed care alternative to original Medicare fee-for-service that provides individuals standard Medicare benefits through Centers for Medicare & Medicaid Services. CCPs are administered through a health maintenance organization and require members to seek health care services from a network of health care providers. PFFS plans are open-access plans that allow members to be seen by any physician that participates in the Original Medicare program. PPO plans provide in-network and out-of-network benefits for Medicare beneficiaries. As of December 31, 2008, WellCare Health Plans, Inc. had approximately 1.3 million Medicaid members and approximately 1.2 million Medicare members. The company was formerly known as WellCare Group, Inc. and changed its name to WellCare Health Plans, Inc. in 2004. WellCare Health Plans, Inc. was founded in 1985 and is headquartered in Tampa, Florida. |
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| Key Statistics |
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Pay |
Exercised |
Mr. Charles G. Berg , 53
Exec. Chairman and Member of Regulatory Compliance Committee
|
$
453.00K |
N/A |
Mr. Thomas L. Tran , 53
Chief Financial Officer, Sr. VP and Co-Chairman of Disclosure Committee
|
$
488.00K |
$
0 |
Mr. Thomas F. O'Neil III, 52
Consultant
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$
715.00K |
$
0 |
Mr. Alec R. Cunningham , 43
Chief Exec. Officer
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N/A
|
N/A |
Mr. Rex M. Adams ,
Chief Operating Officer and Sr. VP
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N/A
|
N/A |
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|
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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