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A WellCare bus in Astoria, Queens, New York City. WellCare began operations in 1985 in Tampa, Florida as a Medicaid provider for the State of Florida. [5] In 1992, Kiran Patel, a cardiologist and entrepreneur, purchased the company. [6] [7] In 2002, Patel sold it to a New York investment group led by George Soros and Todd Farha. [7]
Wellcare by Allwell Medicare Advantage (Part C) plans are sold by private insurers in 32 states in 2025. However, not every county or ZIP code in those states has access to every plan.
Headquartered at 55 Water Street in Lower Manhattan, New York City, [1] it is a multi-billion-dollar organization with over 3 million members. [2] EmblemHealth was created in 2006 through the merger of Group Health Incorporated (GHI) and the Health Insurance Plan of Greater New York (HIP). GHI and HIP had been operating as separate companies in ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
The American Hospital Directory lists 261 active hospitals in New York State in 2022. 210 of these hospitals have staffed beds, with a total of 64,515 beds. The largest number of hospitals are in New York City. [1]
In March 2016, it finalized its acquisition [12] In September 2017, it announced that it would acquire Fidelis Care, a nonprofit insurer in New York, for US$3.75 billion. [13] In March 2019, it announced plans to acquire WellCare for US$17.3 billion. [14] [15] In January 2021, it was announced that it would acquire Magellan Health for $2.2 ...
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The Supreme Court on Monday wrestled with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over ...