WellCare Health Plans Inc

Latest WellCare Health Plans Inc News and Updates

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    Healthcare

    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.

    By Margaret Patrick
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    Company & Industry Overviews

    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.

    By Margaret Patrick
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    Company & Industry Overviews

    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.

    By Margaret Patrick
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    Company & Industry Overviews

    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%.

    By Margaret Patrick
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    Company & Industry Overviews

    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%.

    By Margaret Patrick
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    Company & Industry Overviews

    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%.

    By Margaret Patrick
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    Company & Industry Overviews

    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

    By Margaret Patrick
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    Earnings Report

    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.

    By Gabriel Kane
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    Company & Industry Overviews

    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 […]

    By Margaret Patrick
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    Earnings Report

    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.

    By Margaret Patrick
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    Company & Industry Overviews

    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.

    By Margaret Patrick
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    Company & Industry Overviews

    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.

    By Margaret Patrick
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    Company & Industry Overviews

    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.

    By Margaret Patrick
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