WellCare Health Plans Inc
Latest WellCare Health Plans Inc News and Updates
Centene and Wellcare Health Plans: The Word on Wall Street
Wall Street analysts expect an upside potential of 53.80% for Centene (CNC), based on the company’s trading price of $51.06.
CNC or UNH: Who Has Better Earnings Growth Prospects?
In its fourth-quarter earnings conference call, Centene (CNC) guided for fiscal 2019 GAAP diluted EPS of $3.65–$3.83.
WellCare Health Plans Expected to Report Solid Rise in EPS in 2017
WellCare Health Plans has updated its earnings per share guidance from the previously estimated range of $6.00–$6.25 to the new range of $6.55–$6.80.
Medicare Business Expected to Drive WellCare Health Plans’ Margin Growth
In 1Q17, WellCare Health Plans’ (WCG) Medicare Health Plans business reported revenues close to $1.1 billion, which represents year-over-year growth of ~12.4%.
Medicaid Business—A Key Revenue Driver for WellCare Health Plans in 2017
In 1Q17, WellCare Health Plans’ (WCG) Medicaid business reported revenues close to $2.6 billion, which equals year-over-year growth of ~11.8%.
WellCare Health Plans Expects Robust Revenue Performance in 2017
In 1Q17, WellCare Health Plans (WCG) reported revenues of ~$3.9 billion, which totals year-over-year growth of around 11.7%.
Analysts’ Recommendations for WellCare Health Plans in May 2017
On April 28, 2017, WellCare Health Plans (WCG) completed the acquisition of Universal American Corp. This deal added 119,000 Medicare Advantage members from several major markets
Centene’s Revenue and Income Rose in 3Q15
Centene has reported net revenue of $5,821 million in 3Q15, an increase of 5.7% compared to $5,506 million in 2Q15. Operating revenue increased 5.8% in 3Q15.
Cigna’s Customer Segments a Healthy Mix
Customer segments The players in the private health insurance industry (IYH) aim for a favorable enrollment mix to reduce taxes and other liabilities while at the same time generating sustainable profits. Accordingly, managed care organizations such as Humana (HUM), Aetna (AET), Anthem, Cigna (CI), and WellCare Health Plans (WCG) are increasingly focusing on government-sponsored and international enrollments to balance […]
Star Ratings Increased Aetna’s Government-Sponsored Business in 4Q14
Aetna (AET) earns about 38% of its revenue by providing health insurance services to government-sponsored enrollees.
How Is Aetna’s Membership Distributed Across Its Key Markets?
Aetna’s membership is mainly concentrated in the western US, followed by the Southeast, the Northeast, the Mid-US, and finally consolidated international enrollments.
Shift to self-insurance plans affects health insurance stocks
As hospital utilization remains low, more employers are exploring the option of self-insurance to reduce their employee benefit costs.
The rise in insurance demand can benefit managed care stocks
With 26 million uninsured people expected to gain insurance by 2017 due to the Affordable Care Act, the US is seeing a rise in health insurance demand.
