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WellCare Health Plans, Inc. is an American health insurance company that provides managed care services primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug plans for members across the United States. WellCare began operations in 1985 and has its headquarters in Tampa, Florida.
Medco provided pharmacy services to private and public employers, health plans, labor unions, government agencies, and individuals served by Medicare Part D Prescription Drug Plans. Medco was a member of the S&P 500 and ranked number 34 on the 2011 Fortune 500 list, [ 1 ] with 2011 revenues of more than $70 billion. [ 2 ]
Express Scripts Holding Company is a pharmacy benefit management (PBM) organization. In 2017 it was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the United States. [2]
With that being said, the average Part D premium is going down, according to CMS. The estimated average Part D beneficiary premium is expected to decrease by $7.45 in 2025, falling to $46.50 in ...
In March 2019, it announced plans to acquire WellCare for US$17.3 billion. [13] [14] In January 2021, it was announced that it would acquire Magellan Health for $2.2 billion. [15] In January 2022, the acquisition was completed. [16] In the United Kingdom, Centene began to acquire local healthcare services in 2017. [17]
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