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Tampa Bay-Lakeland
Business Observer Wednesday, Oct. 2, 2013 8 years ago

WellCare expanding Medicare service area

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Tampa firm grows its Medicare Advantage plan to eight counties across Arizona, California and Kentucky.

TAMPA — WellCare Health Plans Inc. has added eight counties across three states to its 2014 Medicare Advantage service area. The counties are in Arizona, California and Kentucky.

When Medicare open enrollment begins, eligible seniors in Arizona's La Paz, Maricopa and Pima counties; California's Fresno County; and Kentucky's Bullitt, Carroll, Gallatin and Owen counties will be able to select WellCare as their Medicare Advantage plan.

Following the expansion, WellCare will offer Medicare Advantage plans in a total of 210 counties in 14 states. It currently serves roughly 272,000 members nationwide.

Medicare's open enrollment period begins Oct. 15 and ends Dec. 7.

In addition to the expansion of its Medicare Advantage service area, WellCare recently announced that it has agreed to acquire Windsor Health Group Inc. from Munich Re. Windsor currently offers Medicare Advantage plans primarily in Mississippi, Tennessee, Arkansas and South Carolina. Windsor has also been approved to serve 192 counties in 2014. WellCare expects the Windsor acquisition to close in the next three to four months. In addition, Windsor also offers stand-alone prescription drug plans in various other counties across the country.

WellCare has also agreed to acquire some of the assets of Healthfirst Health plan of New Jersey Inc. The purchase price was not disclosed. The New Jersey subsidiary of Healthfirst has 47,000 Medicaid members residing in 12 counties in New Jersey.

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