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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]
Overall, these plans range in monthly premium costs, with some premium-free options. Most of the Wellcare by Allwell Medicare Advantage HMO plans come with Part D prescription drug coverage included.
In 2002, he sold majority share in the WellCare Management Group, at which point WellCare Management was providing services to over 400,000 members. In 2007, Patel started a new insurance holding company called America's 1st Choice Holdings of Florida and acquired two Tampa Bay based Medicare Advantage Health Plans, Freedom Health and Optimum ...
Gardner Denver acquired Ingersoll Rand's industrial businesses then changed its name to the "new" Ingersoll Rand Inc. [57] [58] January 28, 2020: PAYC: Paycom: WCG: WellCare: S&P 500 constituent Centene Corp. (NYSE: CNC) acquired Wellcare Health Plans. [59] December 23, 2019: LYV: Live Nation Entertainment: AMG: Affiliated Managers Group ...
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Amerigroup is an American health insurance and managed health care provider. Amerigroup covers 7.7 million seniors, people with disabilities, low-income families and other state and federally sponsored beneficiaries, and federal employees in 26 states, making it the nation's largest provider of health care for public programs. [1]
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