Our Company

Headquartered in Tampa, Florida, WellCare Health Plans, Inc. (NYSE: WCG) focuses primarily on providing government-sponsored managed care through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans, as well as individuals in the Health Insurance Marketplace. WellCare serves approximately 5.5 million members nationwide as of December 31, 2018.

Our Values

Partnership

We deliver excellent service to our members, and provider and government partners. Members are the reason we are in business; providers are our partners in serving our members; and government partners are the stewards of the public’s resources and trust.

Integrity

We do the right thing to keep the trust of those we serve and with whom we work.

Accountability

We are responsible for the commitments we make and the results we deliver both internally and externally.

One Team

We demonstrate a collaborative “One Team” approach across all areas and put members first in all we do.

Geographic Presence

(Scroll table horizontally to view all data)

StatesMedicaid
Health Plans
Medicare
Health Plans
Medicare PDP
 
Membership:3.9 million0.5 million1.1 million
2018 premium revenue:$13.0 billion$6.3 billion$835 million
Arizona
Arkansas
California
Connecticut
Florida
Georgia
Hawaii
Illinois
Indiana
Kentucky
Louisiana
Maine
Michigan
Mississippi
Missouri
Nebraska
New Jersey
New York
North Carolina
Ohio
South Carolina
Tennessee
Texas
27 states not listed above

2018 Membership

(As of December 31, 2018)

Total membership1,2: 5,533,000

Membership TypeNumber of MembersPercentage
Medicaid Health Plans3,931,00071%
Medicare Health Plans545,00010%
Medicare PDP1,057,00019%
Total Membership5,533,000100%

1 Includes states where the company receives Medicaid premium revenues associated with dually eligible special needs plans.
2 Total membership does not include our Health Insurance Marketplace business, which accounted for approximately 5,000 members.

2018 Total Revenue

($ thousands)

Total Revenue: $20,414,100

Revenue TypeAmountPercentage
Medicaid Health Plans$12,992,80065%
Medicare Health Plans$6,313,80031%
Medicare PDP$835,0004%
Other3$272,5001%
Total Revenue$20,414,100

3 Other revenue includes corporate, products and services, and investment and other income.

2015–2018 Stock Price

(As of December 31, 2018)

DateClosing Price
December 31, 2018$236.09
December 29, 2017$201.11
December 30, 2016$137.08
December 31, 2015$78.21
January 2, 2015$80.87

Closing price January 2, 2015 through December 31, 2018.

Corporate Information

Corporate Headquarters

WellCare Health Plans, Inc.
8725 Henderson Road
Tampa, Florida 33634
813-290-6200
www.wellcare.com

Common Stock

WellCare Health Plans, Inc.’s common stock is listed on the New York Stock Exchange under the trading symbol WCG. Matters regarding change of address and other stock issues should be directed to the stockholder relations department of the transfer agent.

Financial Information

Investment community members seeking information about WellCare may contact Investor Relations by calling 813-206-6958, visiting www.wellcare.com on the Internet, or writing to WellCare Investor Relations at P.O. Box 31379, Tampa, Florida 33631-3379.

Transfer Agent

Computershare Trust Company, N.A.
P.O. Box 43078
Providence, Rhode Island 02940-3078
781-575-2879
www.computershare.com

Independent Registered Public Accounting Firm

Deloitte & Touche LLP, Tampa, Florida