WCG - WellCare Health Plans, Inc.

NYSE - NYSE Delayed Price. Currency in USD

WellCare Health Plans, Inc.

8725 Henderson Road
Renaissance One
Tampa, FL 33634
United States
813-290-6200
http://www.wellcare.com

SectorHealthcare
IndustryHealth Care Plans
Full Time Employees7,400

Key Executives

NameTitlePayExercisedAge
Mr. Kenneth A. Burdick J.D.CEO & Director3.76MN/A58
Mr. Andrew L. AsherExec. VP & CFO1.81MN/A48
Mr. Michael Robert PolenExec. VP of Medicare & Operations991.19kN/A37
Ms. Kelly Ann MunsonExec. VP of Medicaid1.04MN/A45
Mr. Michael P. RaduExec. VP of Clinical Operations & Bus. Devel.1.04MN/A49
Amounts are as of December 31, 2016 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. Currency in USD.

Description

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs. It operates through three segments: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs. The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state-based programs, such as children's health insurance programs for qualifying families who are not eligible for Medicaid, as well as managed long-term care programs for people with chronic illnesses or who have disabilities and need health and long-term care services. The Medicare Health Plans segment provides Medicare, a federal program that provides eligible persons aged 65 and over, as well as some disabled persons with a range of hospital, medical, and prescription drug benefits; Medicare Advantage, a Medicare’s managed care alternative to the original Medicare program, which offers individuals standard Medicare benefits directly through Centers for Medicare & Medicaid Services; and coordinated care plans that are administered through health maintenance organizations and require members to seek health care services and select a primary care physician from a network of health care providers. The Medicare PDPs segment provides Medicare part D PDP plans to Medicare-eligible beneficiaries. Its PDP plans offer national in-network prescription drug coverage with 69,000 pharmacies, including a preferred pharmacy network. As of December 31, 2015, the company served approximately 3.8 million members in 50 states and the District of Columbia. WellCare Health Plans, Inc. was founded in 1985 and is headquartered in Tampa, Florida.

Corporate Governance

WellCare Health Plans, Inc.’s ISS Governance QualityScore as of December 1, 2017 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.