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WellCare Health Plans history
WellCare Health Plans company history timeline
WellCare began operations in 1985 in Tampa, Florida as a Medicaid provider for the State of Florida.
In 1992, Kiran Patel, a cardiologist and entrepreneur, purchased the company.
Also in 2002, Todd Farha joined the company as CEO.
Also in 2006, WellCare began offering Medicare Part D plans.
On October 24, 2007, law enforcement agents executed a search warrant on WellCare's headquarters in Tampa, FL based on a whistleblower complaint that provided evidence of WellCare inflating patients' treatment costs and not returning overpayments to the state.
In January 2008, Heath Schiesser was promoted to president and CEO, replacing Todd Farha.
Schiesser was replaced in December 2009 by Alec Cunningham.
In 2012, WellCare expanded its Medicare business through the acquisition of several companies' Medicare businesses, including Arcadian Health Plan in Arizona and Easy Choice Health Plan in California.
In November 2013, WellCare appointed Chairman David Gallitano to serve as interim CEO.
In 2013, the executives, including former CEO Todd Farha, were found guilty of the charges, including healthcare fraud and making false statements to law enforcement.
In January 2020, the company was acquired by Centene Corporation for $17 billion.
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WellCare Health Plans competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Humana | 1961 | $77.2B | 48,700 | 11,192 |
| Aetna | 1853 | $60.6B | 47,950 | 9 |
| UnitedHealth Group | 1977 | $400.3B | 300,000 | 9,240 |
| Centene | 1984 | $163.1B | 65,000 | 469 |
| Elevance Health | 1944 | $121.9B | 63,900 | 2 |
| Coventry Health Care | 1986 | $14.1B | 14,400 | 1 |
| HCSC | 1936 | $17.0B | 22,001 | 250 |
| Express Scripts Holding | 1986 | $100.1B | 26,600 | - |
| Tenet Healthcare | 1969 | $20.7B | 102,000 | 4,177 |
| Genworth | 2004 | $8.4B | 3,000 | 29 |
WellCare Health Plans history FAQs
Zippia gives an in-depth look into the details of WellCare Health Plans, including salaries, political affiliations, employee data, and more, in order to inform job seekers about WellCare Health Plans. The employee data is based on information from people who have self-reported their past or current employments at WellCare Health Plans. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by WellCare Health Plans. The data presented on this page does not represent the view of WellCare Health Plans and its employees or that of Zippia.
WellCare Health Plans may also be known as or be related to WELLCARE HEALTH PLANS INC., WellCare Health Plans, WellCare Health Plans Inc, WellCare Health Plans, Inc, WellCare Health Plans, Inc., WellCare of Kentucky, Inc., Wellcare Health Plans and Wellcare Health Plans, Inc.